Summary
- NASDAQ-listed blockchain technology company Alt5 Sigma Corporation announced plans to raise $1.5 billion through common stock and private placements.
- The private placement proceeds will be paid in the form of World Liberty Financial (WLFI) tokens, and it was stated that Alt5 will hold about 7.5% of the WLFI supply after the offering closes.
- World Liberty Financial is leading this private investment, attracting significant attention in the market.
NASDAQ-listed blockchain technology company Alt5 Sigma Corporation is planning to raise $1.5 billion through common stock and private placements.
According to Business Wire on the 11th (local time), Alt5 Sigma Corporation announced in a press release that it plans to raise $1.5 billion through common stock and private placement issuances, stating, "The proceeds from the private placement will be paid in the form of World Liberty Financial (WLFI) tokens." In addition, after the initial public offering, Alt5 will hold about 7.5% of the WLFI supply.
Notably, this private investment is drawing attention as World Liberty Financial is taking the lead. Eric Trump also expressed his excitement by posting on X (formerly Twitter), "Go Alt5."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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