WLFI Makes Bold Move: Allocates 7.5% of Token Supply to Supercharge ALT5 Sigma’s Treasury Bid

WLFI just placed a high-stakes bet on ALT5 Sigma’s future—deploying a hefty 7.5% of its token supply to turbocharge the firm’s treasury ambitions. No half-measures here.

Why it matters: Treasury bids aren’t just about capital—they’re power plays. This injection could signal WLFI’s confidence in ALT5’s strategy… or a desperate bid to stay relevant in the yield-hungry crypto casino.

The bottom line: In a market where 'trust me' is the whitepaper, throwing tokens at the problem might work—until the next shiny protocol drains the liquidity pool.

WLFI scores place on corporate balance sheet

According to the company, the proceeds from the offering will go towards establishing a dedicated crypto treasury that holds WLFI tokens. The move will make ALT5 Sigma the first company to do so, establishing WLFI as a reserve asset.

The treasury strategy announcement follows the company co-founder Zak Folkman’s remarks in June that more public companies are expressing interest in holding WLFI as a treasury asset.   

“There has been a lot of interest from several public vehicles who want to use WLFI to be held in their treasuries,” he said at the time. 

ALT5 Sigma’s bid will now add WLFI to the growing list of crypto treasury assets, led by Bitcoin (BTC) and ethereum (ETH). Other assets like BNB (BNB), SUI (SUI), have also been trapped across various institutions, as more crypto assets land on corporate portfolios.

Alongside the financial backing, WLFI’s executives will take key roles at ALT5. Zach Witkoff, WLFI’s CEO and co-founder, will become Chairman of ALT5’s board, while Eric TRUMP will join as a director. Co-founder Zack Folkman will also join ALT5 as a board observer, while Matt Morgan will step in as Chief Investment Officer.

WLFI tokens are currently not tradable by investors. However, following a near-unanimous vote by the token holders last month, tokens sold to early backers are scheduled to unlock for trading soon, with the release timeline for the remaining tokens from the total 100 billion supply to be determined by a second community vote.

Meanwhile, WLFI has been separately building its own treasury, acquiring millions worth of assets like Ethereum (ETH) and Bitcoin (BTC) over the past few months.