ALT5 Sigma raises $1.5 billion through stock offerings, adds Trump associates

Published 11/08/2025, 12:04

ALT5 Sigma Corporation (ALTS) announced it entered into agreements to sell 200 million shares of common stock for $1.5 billion through a registered direct offering and concurrent private placement, both priced at $7.50 per share.

The Las Vegas-based fintech company said World Liberty Financial served as the lead investor in the private placement, contributing $WLFI tokens as consideration for 100 million shares. The registered direct offering will sell an additional 100 million shares to institutional investors and crypto venture capital firms.

Following the transaction’s expected closing on August 12, 2025, ALT5 plans to implement a $WLFI Treasury Strategy and will hold approximately 7.5% of the total $WLFI token supply. The company intends to use proceeds to acquire $WLFI tokens, establish cryptocurrency treasury operations, settle litigation, pay existing debt, and fund business operations.

The offerings will result in significant board changes. Zach Witkoff, co-founder and CEO of World Liberty Financial, will become chairman of ALT5’s board of directors. Eric Trump will join as a director, while Zak Folkman, World Liberty Financial’s co-founder and COO, will serve as a board observer. Matt Morgan will become chief investment officer.

ALT5 provides blockchain-powered technologies for digital asset trading and payments through its ALT5 Pay and ALT5 Prime platforms. The company has processed over $5 billion in cryptocurrency transactions since its 2018 founding and has been included in Russell indexes since 2024.

A.G.P./Alliance Global Partners served as sole placement agent for the offerings. The registered direct offering is being conducted under ALT5’s existing shelf registration statement declared effective by the SEC on August 8, 2025.

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