ALT5 Sigma, a fintech startup with less than $20 million in annual revenue, has launched an IPO on Nasdaq issuing shares at $7.50 apiece—synchronizing its listing with the WLFI (World Liberty Financial) token, backed by the Trump family. Eric Trump joined ALT5’s board, and Zach Witkoff—son of influential real estate and political figure Steven Witkoff—aided the initiative as founding chairman and WLFI co-founder.
The firm raised approximately $1.5 billion in this unique IPO, raising eyebrows as it combines off-shore capital, Wall Street credibility (via passive investors like Vanguard), and political branding to present itself as a compliant, high-margin fintech firm. Alt5 offers seamless Pay-Tech services, OTC desks, API gateways, and stabilization-like profitability, all pooling under "FinTech legality."
However, analysts warn this may act as a Trojan horse: WLFI is quietly integrated into global payment rails via Alt5’s infrastructure. While the firm's public image is "compliant API provider," it may be covertly facilitating deployment of a politically-aligned stablecoin. In essence, WLFI is positioned as the Trump family's financial weapon hidden within a neat fintech wrapper, primed for post-2025 global financial cycles.
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