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Trump Family's DeFi Venture: Eric and Donald Trump Jr. announced a $1.5 billion deal involving the WLFI token and ALT5 Sigma, resulting in a 467% increase in ALT5 Sigma's market cap to $850 million, marking a significant move into decentralized finance (DeFi).
Implications for Crypto Market: The deal positions WLFI as a potential leader in corporate DeFi solutions, with anticipated exchange listings that could enhance adoption, while also suggesting possible regulatory adjustments and advancements in corporate governance related to crypto assets.
