ALT5 Sigma Corporation (NASDAQ: ALTS) has partnered up with Trump-backed World Liberty Financial.
ALT5 Sigma has entered into definitive agreements for the issuance and sale of an aggregate of up to 100,000,000 of its shares of common stock in a registered direct offering at a purchase price of $7.50 per share.
At the same time, a concurrent private placement by ALT5 Sigma will see a securities purchase agreement for the purchase and sale of 100,000,000 shares of its common stock.
The gross proceeds of the Offerings are expected to be approximately $1.5 billion, before deducting placement agent fees and other offering expenses.
The consideration paid for the securities in the private placement offering was contributed in the form of $WLFI tokens from World Liberty Financial, priced at the market pursuant to Nasdaq rules. The native $WLFI token held an initial sale in 2024.
The closing of the Offerings is expected to occur on or about August 12, 2025.
Upon the closing of the offerings, ALT5 will pursue its $WLFI Treasury Strategy, holding approximately 7.5% of the total supply of $WLFI tokens. World Liberty Financial is acting as the lead investor in the concurrent Private Placement Offering, which includes participation by a select number of the large institutional investors and crypto venture capital firms.
Founded in 2018, ALT5 Sigma is shifting its strategy to become a digital asset treasury play, a move that has become popular with some crypto firms due to the rising value of various cryptocurrencies, most dramatically Bitcoin.
World Liberty Financial, which counts Trump family members, including the President, as its founders. The company’s mission is explained as unlocking “financial access for all, by replacing the limits of traditional banking with open, on-chain infrastructure, creating a fairer system—where opportunity isn’t defined by location, status, or permission.”
World Liberty Financial is also an issuer of a dollar-based stablecoin, World Liberty Financial USD (USD1), which currently has a market cap of over $2 billion.