Overview

• ALT5 Sigma raised $1.5 billion by selling 200 million shares to bankroll its WLFI treasury plan and acquire about 7.5% of the token’s 100 billion supply.
• It received $750 million of locked WLFI from World Liberty Financial in exchange for shares in an SEC-filed private placement.
• Eric Trump joined ALT5’s board and WLFI cofounder Zach Witkoff took the chairman role as part of the transaction.
• WLFI holders approved a phased unlock of the previously non-transferable token, opening the path for secondary trading this month.
• Investors drove ALT5’s shares down roughly 26% on the news, drawing fresh investor-protection and regulatory classification scrutiny.