ALT5 Sigma closes $1.5 billion offering led by World Liberty Financial
ALT5 Sigma Corporation (NASDAQ: ALTS) announced the completion of a $1.5 billion registered direct offering and concurrent private placement led by World Liberty Financial, Inc., according to a press release statement.
The transaction resulted in significant leadership changes at ALT5. Zach Witkoff, co-founder and CEO of World Liberty Financial, became Chairman of ALT5's board of directors. Eric Trump joined as a board director, while Zak Folkman, co-founder and COO of World Liberty Financial, became a board observer. Matt Morgan was appointed as Chief Investment Officer.
World Liberty Financial served as the lead investor in the private placement, with participation from institutional investors and crypto venture capital firms. Kraken will serve as the Asset Manager for the arrangement. A.G.P./Alliance Global Partners acted as the sole placement agent.
The company stated it will implement a $WLFI Treasury Strategy, holding approximately 7.5% of the total supply of $WLFI tokens. ALT5 plans to continue operating as a provider of digital asset trading and payment solutions.
The registered direct offering was conducted under a shelf registration statement filed with the Securities and Exchange Commission in August 2025. The private placement portion was conducted under exemptions from registration requirements.
ALT5 Sigma operates blockchain-powered technologies for digital asset tokenization, trading, and payments through its ALT5 Pay and ALT5 Prime platforms. The company has processed over $5 billion in cryptocurrency transactions since inception and has been included in Russell index reconstitutions since 2024.
The company also maintains biotech operations focused on pain-relieving drug development, which it plans to potentially separate under "Alyea Therapeutics Corporation."
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