World Liberty Financial, the cryptocurrency business cofounded by the Trump family, is creating a way for investors to speculate on the price of its self-branded coin, WLFI, through the US stock market.
A cohort of investors led by World Liberty Financial is set to purchase 200 million shares in ALT5 Sigma Corporation, a Nasdaq-listed company. The proceeds will be used to build a $1.5 billion WLFI treasury, equating to roughly 7.5 percent of the coin’s total supply.
Eric Trump will join the ALT5 board of directors, which will be chaired by fellow World Liberty Financial cofounder Zach Witkoff, son of Steve Witkoff, who was appointed
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