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Trump business interests Trump’s World Liberty Financial has announced it will be jumping aboard the crypto treasury bandwagon — because apparently the Trumps need to be involved with a fourth.d Using the Nasdaq-listed ALT5 Sigma Corporation, they will set up a crypto treasury with World Liberty’s own WLFI token. ALT5 plans to sell 200,000 new shares to fund the purchase of $1.5 billion worth of WLFI tokens, and add Eric Trump and World Liberty Financial executives Zach Witkoff and Zak Folkman to its board. All three have a financial interest in World Liberty Financial, presenting a blatant conflict of interest in their roles on the ALT5 board. The deal provides the first valuation for the WLFI token, which cannot yet be resold, though the project just voted to allow secondary trading [I88]. Trump personally holds 15.75 billion WLFI tokens, suggesting a paper valuation of $3.15 billion.34 d. Eric and Donald Trump Jr. are part owners of the American Bitcoin mining and treasury company, and Eric is a co-founder and Chief Strategy Officer; the Trump majority-owned Trump Media & Technology Group just acquired a $2 billion bitcoin treasury; Eric Trump is on the board of the Metaplanet treasury company. Donald Trump Jr. also owned a large stake in the Thumzup Media treasury company, though he seems to have recently sold it.52 ↩
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Trump business interests Trump’s World Liberty Financial has announced it will be jumping aboard the crypto treasury bandwagon — because apparently the Trumps need to be involved with a fourth.d Using the Nasdaq-listed ALT5 Sigma Corporation, they will set up a crypto treasury with World Liberty’s own WLFI token. ALT5 plans to sell 200,000 new shares to fund the purchase of $1.5 billion worth of WLFI tokens, and add Eric Trump and World Liberty Financial executives Zach Witkoff and Zak Folkman to its board. All three have a financial interest in World Liberty Financial, presenting a blatant conflict of interest in their roles on the ALT5 board. The deal provides the first valuation for the WLFI token, which cannot yet be resold, though the project just voted to allow secondary trading [I88]. Trump personally holds 15.75 billion WLFI tokens, suggesting a paper valuation of $3.15 billion.34 d. Eric and Donald Trump Jr. are part owners of the American Bitcoin mining and treasury company, and Eric is a co-founder and Chief Strategy Officer; the Trump majority-owned Trump Media & Technology Group just acquired a $2 billion bitcoin treasury; Eric Trump is on the board of the Metaplanet treasury company. Donald Trump Jr. also owned a large stake in the Thumzup Media treasury company, though he seems to have recently sold it.52 ↩
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