Justin Sun Targets ALT5 Sigma and World Liberty Financial with Major Investment
Justin Sun, a well-known figure in the crypto world, has announced plans to invest considerably in World Liberty Financial (WLFI) and ALT5 Sigma Corporation. He intends to spend $10 million on each, stating the investments are due to the undervaluation of crypto-related stocks.
Sun, who supports Donald Trump-backed WLFI, shared his strategy on social media. He believes now is the right time to capitalize on these projects.
ALT5 Sigma Corporation, listed on Nasdaq, is a fintech firm that offers crypto-related solutions for institutions and merchants. Its services include blockchain-powered tokenization, trading, and asset custody.
The company’s subsidiary, ALT5 Sigma, processes over $5 billion in crypto transactions through its platforms “ALT5 Pay” and “ALT5 Prime.”
sun’s decision to invest in WLFI comes despite recent controversies. The team froze Sun’s WLFI wallet following allegations of a $9 million token dump, which led to a price drop. Sun criticized this move as “unreasonable,” emphasizing the importance of investor fairness and transparency.
Currently, the WLFI token trades at around $0.18. Sun’s actions could signal renewed interest in WLFI amid the ongoing challenges.
- Sun invests $10 million each in ALT5 Sigma and WLFI.
- ALTS is a fintech providing crypto solutions.
- controversy over WLFI’s decision to freeze Sun’s wallet.
