Alt5’s $750 Million Funding Sparks Concerns Over WLFI Transparency

Alt5, an entity backed by individuals linked to former President Donald Trump, raised a significant $750 million in funding and subsequently acquired WLFI from World Liberty Financial. This move has highlighted potential valuation transparency risks associated with related-party transactions in the cryptocurrency market. WLFI aims for Binance listings and BONK.fun’s USD1 Solana launchpad will broaden its distribution. However, this structure raises concerns about the flow of capital through related entities, particularly as it relates to token sales and investor fairness.