ALT5 Sigma Shares Drop 80% After WLFI Token Treasury Pivot
Nasdaq-listed ALT5 Sigma Corporation has seen its share price fall 80% following its August announcement to accumulate World Liberty Financial (WLFI) tokens. The fintech firm, which repositioned itself as a digital asset treasury in 2024, now faces executive departures, potential regulatory scrutiny, and investor backlash. The company had proposed raising $1.5 billion for WLFI token reserves, but the initiative faces mounting challenges from internal instability and governance concerns.