- Eric Trump will join the board of ALT5 Sigma following a strategic investment.
- The ALT5 Sigma Corporation now holds 7.5% of the WLFI token supply on its balance sheet.
- The listing and trading of the WLFI tokens are expected to happen by early September.
Eric Trump has announced that World Liberty Financial (WLFI) will ring the NASDAQ’s opening bell within the next 24 hours. The move, according to Trump, follows a major strategic investment from the publicly traded ALT5 Sigma Corporation (NASDAQ: ALTS).
This comes just after ALT5 Sigma closed a $1.5 billion private placement on Tuesday, which it used to purchase 7.5% of the total supply of WLFI to begin building its new corporate treasury. Eric Trump also announced on Tuesday that he will be joining the board of ALT5 Sigma to oversee its digital asset strategy.
Eric announced on Tuesday that he will be joining the board of ALT5 Sigma to oversee its revolution in the digital assets space.
Here’s how they got here: This NASDAQ appearance is the result of a massive deal. Here’s our original report on Eric Trump joining the board of ALT5.
What This Means for the WLFI Token
The strategic investment by ALT5 Sigma in World Liberty Financial will have a long-term impact on the WLFI token. According to Eric, the investment will help grow the USD1 stablecoin to a top-tier product in the market.
“We believe that the synergies between WLFI—specifically USD1, the fastest-growing stablecoin of all time—and ALT5 Sigma’s payment technology are unmatched. We’ve never seen anything like this in the DA space. We see this partnership as a game-changer,” Eric noted.
Notably, the WLFI token is expected to launch trading via different crypto exchanges by early September following overwhelming community support.
What else are they buying? WLFI isn’t just focused on its own token. Here’s our past report on their multi-million dollar Ethereum buy.
Bigger Picture
The entrance of the Trump-backed World Liberty Financial platform to the traditional equity markets is a major milestone for the wider altcoin market. Furthermore, several other publicly traded companies have initiated an altcoin treasury strategy led by Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and BNB.
On Tuesday BitMine announced plans to raise $24 billion to acquire more Ether for its treasury strategy. SharpLink Gaming increased its Ether holdings by 5,226 coins, thus increasing its trove to around 604,026 ETH. As a result, ETH price rallied towards its new all-time high.
Ultimately, a major 2025 altseason has been brewing in the recent past and a parabolic rally is on the horizon. Moreover, both fundamental and technical aspects favor a bullish breakout for the wider altcoin in the coming months.
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