Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Trump-linked crypto firm WLF builds $1.5b treasury

World Liberty Financial, a cryptocurrency firm co-founded by members of the Trump family, is establishing a US$1.5 billion treasury of its WLFI coin through a deal with Nasdaq-listed ALT5 Sigma.

A group of investors led by World Liberty Financial will buy 200 million shares in ALT5.

The proceeds will be used to acquire WLFI tokens, which represent about 7.5% of the coin’s total supply.

Eric Trump will join the ALT5 board, chaired by Zach Witkoff, another co-founder of World Liberty Financial.

This arrangement lets investors gain exposure to the WLFI coin via ALT5 shares instead of holding the cryptocurrency directly.

Some market observers have raised concerns about potential conflicts of interest since the Trump family controls significant stakes in both World Liberty Financial and the WLFI supply.

WLFI trading is not yet live, but the company recently approved secondary market trading after a vote by token holders.

This move follows a trend of publicly traded firms holding large cryptocurrency treasuries.

🔗 Source: Wired


🧠 Food for thought

1️⃣ Crypto treasury companies have grown significantly during Trump’s presidency

World Liberty Financial’s move follows a notable increase in companies adopting crypto treasury strategies since Trump’s re-election.

As of July 2025, 160 firms globally now hold Bitcoin on their balance sheets, with 90 of those companies based in the United States1.

Public companies collectively hold over $103 billion in Bitcoin, representing a 159% increase in holdings from the previous year1.

This growth has been encouraged by Trump administration policies that created a more favorable regulatory environment for cryptocurrency adoption.

The administration directed federal agencies to review existing crypto regulations with an eye toward reducing barriers2.

Recent World Liberty Financial developments

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.