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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.
Posted In: ALTS
