ALT5 Sigma Corp. (NASDAQ:ALTS) surged 11.6% on Monday ahead of the World Liberty Financial (WLFI) cryptocurrency launch on September 1 at 8 AM Eastern Time. WLFI, in which ALTS owns 7.5%, will release 20% of its total supply initially, with the remainder subject to governance. ALTS invested $1.5 billion in WLFI through a private deal, selling 100 million common shares at $7.5 each for WLFI tokens. World Liberty Financial’s CEO became ALTS’s board chairman, with Eric Trump joining as a director.

Read more at Yahoo Finance: ALT5 Sigma (ATLS) Soars 11% Ahead of WLFI Token Launch