Nasdaq’s ALT5 raises $1.5 billion taking 7.5% of Trump-backed WLFI’s token supply into its treasury

ALT5 Sigma Corporation, a Nasdaq-listed fintech that operates crypto trading and payment platforms, plans to raise about $1.5 billion through a stock offering and a WLFI token-funded private placement.

The move would place a large portion of World Liberty Financial’s WLFI tokens on ALT5’s balance sheet and bring several of the stablecoin issuer’s executives, including Eric Trump, into ALT5’s leadership.

The fundraising structure involves two components priced at $7.50 per share: a registered direct offering and a concurrent private placement funded with WLFI tokens. Combined, the transactions cover up to 200 million shares and are expected to close on or around August 12. ALT5 intends to hold roughly 7.5% of the total $WLFI token supply as part of a new corporate treasury strategy.

World Liberty Financial, issuer of the USD1 stablecoin, is leading the private DeFi firm. Its co-founder and CEO, Zach Witkoff, will become chairman of ALT5’s board after the deal closes. Eric Trump will take a board seat, Zak Folkman will become a board observer, and Matt Morgan will join as chief investment officer. The alignment places key WLFI leadership, including a member of the president’s family, in positions to influence ALT5’s strategic direction.

The timing comes amid a policy environment favorable to digital assets, shaped in part by executive actions and regulatory shifts under President Donald J. Trump. Stablecoin regulation in the U.S. has recently moved toward clearer legal frameworks, which market participants say is improving institutional adoption. The USD1 stablecoin has been promoted within that context, adding weight to scrutiny over how much those crafting policy could indirectly benefit from related corporate activity.

What is ALT5, and how does it link to Trump?

ALT5 intends to use proceeds from the offerings to acquire WLFI tokens, expand its crypto treasury operations, settle litigation, pay debt, and support operations. The company, listed on Nasdaq under ALTS and in Frankfurt under 5AR1, operates ALT5 Pay, a crypto payment gateway for merchants, and ALT5 Prime, an OTC trading platform for digital assets.

Since its launch in 2018, ALT5 reports processing more than $5 billion in crypto transactions and has been added to several Russell indexes after the 2025 reconstitution. It is also pursuing biotech research through its Alyea Therapeutics subsidiary.

It provides API integrations and checkout solutions that allow merchants to accept crypto payments in BTC, ETH, stablecoins, and other digital assets. Thus, online stores or businesses can take crypto from customers worldwide. ALT5 also provides OTC trading services, custody, and settlement.

World Liberty Financial describes itself as a decentralized finance and governance platform aimed at expanding access to blockchain-based financial tools. The company has positioned USD1 as a leading stablecoin by circulation growth, while securing participation from major institutional investors and crypto-focused venture firms in its funding rounds.

What’s in it for the Trump family?

The structure of the deal embeds a sizable token holding directly into ALT5’s corporate treasury, linking its capital strategy to the performance of a politically connected stablecoin project.

The deal gives WLFI further legitimacy within the US. Public companies are subject to SEC reporting, audits, and investor scrutiny, meaning WLFI can point to a “blue chip” holder as proof their token is a serious, regulated asset, not a fly-by-night crypto project.

It also adds liquidity as ALT5 holding a large block creates a price floor perception; investors may assume ALT5 won’t dump tokens suddenly. Removing tokens from circulation also reduces circulating supply, which could support price stability or upward pressure if demand grows.

A.G.P./Alliance Global Partners is the sole placement agent for the transactions. The registered direct offering is being conducted under an effective Form S-3 shelf registration with the SEC, while the private placement is structured under exemptions from registration requirements.

Mentioned in this article

Source: https://cryptoslate.com/alt5s-1-5-billion-raise-puts-7-5-of-trump-backed-wlfis-token-supply-into-its-treasury/