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…

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