Alt5 Sigma Adjusts Eric Trump's Role Amid Nasdaq Discussions

According to PANews, Alt5 Sigma initially planned to appoint Eric Trump to its board of directors. However, following discussions with Nasdaq, his role was altered to that of a board observer, with no specific reasons provided for the change. Previously, Alt5 Sigma announced its intention to raise $1.5 billion through direct and private placements to acquire digital tokens $WLFI issued by World Liberty Financial (WLF). SEC filings reveal that WLF was founded by U.S. President Donald Trump and his three sons. The related LLC holds approximately 38% of WLF shares and 2.25 billion $WLFI tokens, with rights to about 75% of the token sales revenue.