Stakestone leads successful issuance through BitGo custody
Provides exclusive pre-IPO stock opportunity for APAC family offices
Allocates minting revenue to ALT 5 Sigma's $1.5 billion direct registration offering
This minting, led by Stakestone, an omnichannel liquidity infrastructure company, was conducted through BitGo's custody service. In particular, it provided pre-listing stock acquisition opportunities for family offices in the Asia-Pacific region, with major institutions including Arcane Group participating.
The funds raised through this minting will be allocated to ALT 5 Sigma's $1.5 billion direct registration offering. WLFI assessed that this "token-stock synergy model" combining stablecoins and stock securitization has opened new asset allocation strategies for global investors.
A WLFI representative stated, "This success is just the beginning" and "Stakestone's infrastructure role will become increasingly important as the USD1 ecosystem expands into omnichannel DeFi and real-world asset tokenization (RWA)". The two companies plan to continue serving as a bridge connecting traditional finance (TradFi) and decentralized finance (DeFi).
Choi Joo-hoon joohoon@blockstreet.co.kr