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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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The valuation of WLFI in the acquisition protocol with ALT5 Sigma Corporation has been set at 0.2 dollars.
CoinVoice has recently learned that, according to DL News, the US-listed fintech company ALT5 Sigma Corporation has valued the WLFI Token of World Liberty Financial through a share acquisition agreement, setting the price at $0.2 per token. This is the first clear valuation of the token since its token sale was launched last year.
CoinVoice previously reported that, according to Businesswire, Nasdaq-listed company ALT5 Sigma (ticker: ALTS) announced the completion of a $1.5 billion registered direct offering and concurrent private placement financing, priced at $7.50 per share. This financing was led by World Liberty Financial (WLFI), with its co-founder and CEO Zach Witkoff serving as the chairman of the ALT5 board, while Eric Trump will serve as a director.
After the transaction is completed, ALT5 will hold 7.5% of the total supply of WLFI Tokens and plans to use it for the operation of crypto asset funds, debt repayment, and business expansion. The private placement portion will be paid in WLFI Tokens, and the transaction is expected to be completed on August 12. As a digital asset trading and payment solutions provider, this financing marks ALT5's further deepening into the crypto financial ecosystem.