Eric Trump joins World Liberty Financial treasury company before WLFI token launch initially appeared on TheStreet.
There are Bitcoin treasury firms, and there are Ethereum treasury firms. After which, there’s the treasury company that Eric Trump simply joined – which is setting as much as set up a treasury constructed across the token powering the Trumps’ crypto venture before it even begins buying and selling.
Right now, ALT5 Sigma introduced it could be elevating $1.5 billion to determine a treasury technique to purchase World Liberty Financial tokens, and would add Eric Trump to its board, together with World Liberty co-founder Zach Witkoff.
As Coinage has coated, the Trumps at the moment are majority homeowners within the DeFi venture they launched referred to as World Liberty Financial. The venture raised greater than half a billion {dollars} through its WLFI token sale — and has since introduced the token will quickly be tradeable. In an announcement, ALT5 Sigma mentioned it plans to carry roughly 7.5% of the full provide of $WLFI tokens.
The company, which was based in 2018 and boasts a market cap of round $120 million, has been actively concerned in crypto through its funds companies. The Nasdaq-listed inventory traded 6% larger Monday morning after the announcement, before flipping into the crimson to commerce 14% decrease within the afternoon.
Buying and selling exercise in these publicly traded treasury firms have been sporadic throughout bulletins. Even Sharplink Gaming, the Ethereum treasury company backed by Ethereum co-founder Joe Lubin, noticed shares re-trace 90% simply weeks after their announcement once they launched earlier this summer season.
World Liberty Financial has signaled that its WLFI tokens will start buying and selling quickly, after a neighborhood vote authorised unlocking them for early backers.
Eric Trump joins World Liberty Financial treasury company before WLFI token launch first appeared on TheStreet on Aug 12, 2025
This story was initially reported by TheStreet on Aug 12, 2025, the place it first appeared.
