A billion-dollar plan for a cryptocurrency project backed by former President Trump is poised to launch as Alt5 Sigma Corp., a Las Vegas-based business with recent experience in biotech, aims to raise capital through public shares and invest the funds into World Liberty Financial tokens. 2018 startup will shift their focus from biotech to blockchain technology under the deal which will see Eric Trump join the board of directors and Zach Witkoff, who co-founded the project, become chairman. The plan is to act as a public market proxy for holding the cryptocurrency, mirroring how some companies have turned into vehicles for Bitcoin accumulation. This venture marks another step in the family’s rapid expansion into the world of cryptocurrencies since Trump took office, with initiatives ranging from a meme coin launched on inauguration weekend to large-scale Bitcoin mining partnerships adding hundreds of millions to Trump’s personal fortune as per Bloomberg estimates. World Liberty Financial tokens have amassed an impressive supply under their control despite not being listed on major exchanges. The Trump family owns nearly half of the parent organization. While some in Washington are celebrating this venture, there are concerns over potential conflicts of interest between public office and private enrichment. Notably, Democratic lawmakers are raising alarms about these aspects, and certain Senate Republicans have hinted at unease with mixing presidential branding and speculative assets. Despite this, interest from crypto venture capital and other private investors is driving the project’s momentum forward. The company’s shift away from its original biotech focus came only last year but has been aggressive in entering the field of blockchain-based financial services. If the deal closes as expected, Alt5 Sigma will take a central role in one of the most politically charged cryptocurrency ventures ever, potentially testing how far investors are willing to go when politics and digital assets collide.