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ALT5 Appoints Zach Witkoff As Chairman And Launches $1.5B WLFI Treasury Strategy To Accelerate Growth In Digital Asset Treasury Operations

Benzinga·08/13/2025 12:50:20
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  • New leadership and strategic shift position ALT5 for accelerated growth in digital asset treasury operations
  • ALT5 currently trading at mNAV of 0.92x based on market prices as of August 12, 2025

ALT5 Sigma Corporation (the "Company," "our" or "ALT5") (NASDAQ:ALTS) (FRA:5AR1), a fintech specializing in turnkey, crypto-related solutions for institutions and merchants, welcomes Zach Witkoff, Co-Founder and CEO of World Liberty Financial, Inc. ("WLFI"), as Chairman of its board of directors (the "Board"), effective upon the closing of its previously announced $1.5 billion registered direct offering and concurrent private placement.

The previously announced financing marks the launch of ALT5's $WLFI Treasury Strategy, through which the Company will hold approximately 7.5% of the total supply of $WLFI tokens upon the closing. WLFI is the company behind USD1, the fastest growing stablecoin in the world.