WLFI is set to officially launch on September 1, following a substantial fundraising effort totaling $2.26 billion across eight public rounds. Notably, ALT5 Sigma's $1.5 billion investment, which was an equity acquisition, marked the highest pricing in these rounds. The initial public offering price of $0.2 is 13.3 times the first public round and four times the second.
Regarding token unlocks, 20% of tokens from the first two public rounds will be unlocked at the Token Generation Event (TGE), with the remaining 80% subject to community voting. Tokens allocated to the team, advisors, and partners are locked, while the unlock status of strategic round tokens remains unspecified. The launch coincides with a bullish market, setting the stage for potential exchange listing battles and liquidity challenges.
WLFI to Launch on September 1 Following $2.26 Billion Fundraising
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