Crypto stock drops 25% after Eric Trump’s bullish post
Crypto stock drops 25% after Eric Trump’s bullish post originally appeared on TheStreet.
ALT5 Sigma Corporation (Nasdaq: ALTS), a financial firm offering blockchain-powered technologies, announced on Aug. 11 that it is going to raise $1.5 billion via the sale of 200 million shares in order to create a World Liberty Financial (WLFI) corporate treasury.
The World Liberty Financial is a decentralized finance (DeFi) backed by the Trump family, which is reportedly exploring the option of going public and raising around $1.5 billion to hold WLFI tokens.
“One small step for mankind, one giant leap for WLFI,” World Liberty Financial wrote on X.
Founded in 2018, ALT5 Sigma offers next-gen blockchain-powered technologies for…