LAS VEGAS--(BUSINESS WIRE)--ALT5 Sigma Corporation (the "Company," "our" or "ALT5") (NASDAQ: ALTS) (FRA:5AR1), the $WLFI digital asset treasury company, today noted continued World Liberty Financial (WLFI) and $WLFI advancements that are expected to further support the Company's digital asset treasury strategy.
$WLFI Strategic Asian Market Expansion
As part of its geographic expansion strategy, World Liberty Financial has signed a memorandum of understanding with South Korea's Bithumb, one of Asia's premier cryptocurrency exchanges, to explore joint initiatives and wider distribution throughout the region. This partnership positions WLFI to assist in its efforts to penetrate the Korean as well as neighboring markets, where mobile payment adoption rates are among the highest globally. The collaboration is expected to leverage Bithumb's established local presence to enhance $WLFI and USD1’s accessibility across key Asian markets.
$WLFI Strategic Buyback and Token Burn
World Liberty Financial recently launched a strategic buyback and burn program of more than 53 million $WLFI tokens to reduce total supply and enhance long-term price stability. This deflationary mechanism demonstrates WLFI’s commitment to sustainable tokenomics and supports the intrinsic value proposition of ALT5's digital asset treasury holdings.
Ongoing Adoption
$WLFI initiatives build on the adoption of $WLFI and its ecosystem. These include $WLFI recently launching on Robinhood, expanding the token’s access to 27.4 million retail investors, and the planned introduction of a WLFI-branded debit card with a potential Apple Pay integration.
ALT5 currently holds approximately 7.28 billion $WLFI tokens, the governance token for the World Liberty Financial crypto ecosystem and the USD1 stablecoin, representing approximately 7.3% of the $WLFI token’s total supply. The Company believes that ongoing adoption of $WLFI and USD1 will substantially strengthen the $WLFI token, the asset on which the Company’s digital asset treasury strategy is based.
About ALT5 Sigma Corporation
ALT5 Sigma Corporation (NASDAQ:ALTS) (FRA:5AR1) is a fintech company with a pioneering $WLFI digital asset treasury strategy. Founded in 2018, the company leverages its blockchain infrastructure expertise and proven track record of processing over $5 billion in cryptocurrency transactions to optimize its digital asset treasury operations and capitalize on growing $WLFI ecosystem developments across retail platforms, payment integrations, and international market expansion.
Forward-looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to adoption of the $WLFI token, $WLFI’s potential initiatives Bithumb, the positioning of the Company in the digital asset treasury sector, the availability of $WLFI for trading on crypto exchanges, the profitability and prospective growth of ALT5’s platforms and business that may include, but are not limited to, international currency risks, third-party or customer credit risks, liability claims stemming from ALT5’s services, and technology challenges for future growth or expansion, and statements regarding the Company’s potential separation plans of its biotech business. This press release also contains general statements, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such statements reflect the Company's current view with respect to future events, are subject to risks and uncertainties, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social uncertainties, and contingencies. This press release also contains statements that are forward-looking in respect of the expected future partial or full disposition of the Company’s interests in Alyea without specificity of the scope or methods thereof.
Many factors could cause the Company's actual results, performance, or achievements to be materially different from any future results, performance or achievements described in this press release. Such factors could include, among others, changes in the value of $WLFI tokens and other risks detailed in the Company's periodic reports filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in the Company's filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. The Company cannot assure that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Contacts
Media/Investor Relations
Wachsman for World Liberty Financial
wlfi@wachsman.com