Eric Trump Joins ALT5 Sigma Board; $1.5B WLFI Treasury Plan

• ALT5 Sigma will raise $1.5 billion to acquire WLFI tokens and restructure its balance sheet.
• Eric Trump and Zach Witkoff join the board amid strategic governance changes.
• Funds will support debt repayment, litigation settlement, operations, and WLFI treasury expansion.

ALT5 Sigma Corporation has announced a major $1.5 billion capital raise to establish a new cryptocurrency treasury centered on the World Liberty Financial (WLFI) token.

The financing involves the sale of up to 100 million common shares at $7.50 each, with the deal expected to close on August 12. The proceeds will be used to acquire WLFI tokens, settle litigation, repay debt, and for general working capital. The deal marks a significant structural shift in ALT5 Sigma’s asset strategy, positioning it to hold WLFI as a core reserve asset. 

Eric Trump Joins the Board of Directors

Alongside the massive capital raise, the company also announced significant changes to its board. Eric Trump, executive vice president of the Trump Organization, has joined as a director. Zach Witkoff of World Liberty Financial will serve as the new chairman, with Zak Folkman participating as a board observer.

These high-profile appointments, disclosed in the official release, align with the launch of the new WLFI treasury and signal a strategic realignment in the firm’s governance. Company documents filed with the SEC outline the board changes as part of a broader repositioning in the digital asset sector following months of negotiations.

What is WLFI? The WLFI token is at the center of this deal. Here’s our original report on WLFI token getting its green light for trading.

Offering Structures ALT5 Sigma for Asset Diversification and Debt Reduction

The $1.5 billion raise blends equity issuance with a private token transaction, providing both fiat capital and WLFI assets. 

In the registered direct offering, shares will be issued to institutional investors under Nasdaq listing rules to raise cash, while a concurrent private placement involves a direct purchase of WLFI tokens from World Liberty Financial.

ALT5 Sigma intends to use part of the proceeds to retire existing debt, indicating that reducing leverage is a priority before it expands its new crypto holdings. This transaction structure reflects a growing trend of publicly listed firms diversifying their treasuries with digital assets.

The Trump Effect. Eric Trump’s move is part of a bigger story. Here’s our past report on another major market-moving policy from the Trump administration.