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Kraken to Manage ALT5 Sigma’s $1.5B WLFI Token Stake Following Major Funding Round

Kraken to Manage ALT5 Sigma’s $1.5B WLFI Token Stake Following Major Funding Round

Published:
2025-08-13 18:51:37
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ALT5 Sigma Corporation, a Nasdaq-listed company, has successfully secured $1.5 billion in funding led by World Liberty Financial (WLFI). The funding will support a corporate treasury strategy focused on WLFI tokens, priced at $7.50 per share. Notably, Kraken has been appointed to manage ALT5's 7.5% stake in WLFI's token supply, with the token debuting at a public price of $0.20. This strategic move highlights the growing intersection of traditional finance and digital assets, with Kraken playing a pivotal role in the token's management and valuation. The announcement, made in August 2025, underscores the bullish momentum in the cryptocurrency sector as institutional players continue to embrace blockchain-based financial solutions.

ALT5 Sigma Secures $1.5B Funding Led by World Liberty Financial, Unveils WLFI Treasury Strategy

ALT5 Sigma Corporation, a Nasdaq-listed firm, has closed a $1.5 billion funding round spearheaded by World Liberty Financial (WLFI). The capital will fuel a corporate treasury strategy centered on WLFI tokens, priced at $7.50 per share. Kraken has been tapped to manage ALT5's 7.5% stake in WLFI's token supply, valuing the token at $0.20 in its debut public pricing.

The deal, announced on August 12, combined a registered direct offering with a private placement, drawing participation from institutional investors and crypto VCs. Leadership shifts accompany the funding: WLFI CEO Zach Witkoff assumes the role of ALT5 chairman, while Eric Trump joins the board. ALT5's blockchain-powered platforms, ALT5 Pay and ALT5 Prime, focus on tokenization and payment solutions.

Standard Chartered Raises Ethereum Price Target to $7,500 Amid Institutional Accumulation

Ethereum approaches all-time highs as Standard Chartered nearly doubles its year-end price target to $7,500, up from $4,000. Institutional demand has surged, with corporate treasuries and spot ETFs absorbing 3.8% of ETH's circulating supply since June—a pace twice as fast as Bitcoin's peak institutional inflows during the 2021 bull run.

The bank's analysis highlights three key drivers: accelerating institutional accumulation, favorable policy developments, and Ethereum's evolving technical infrastructure. Derivatives markets reflect this optimism, with Kraken reporting record open interest without excessive leverage.

Geoff Kendrick's digital assets team notes this institutional buying spree mirrors Bitcoin's historical patterns but at unprecedented velocity, setting the stage for potential parabolic moves. The $7,500 target implies a 150% upside from current levels, suggesting ethereum may outperform broader crypto markets through year-end.

|Square

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