World Liberty Financial has struck a deal that will turn a little-known company into a vehicle for betting on the price of its crypto coin.

World Liberty Financial treasury company ALT5 values WLFI tokens at $0.20 apiece in share acquisition deal. It's the first time the token has received a value since its launch.

Trading activity in these publicly traded treasury companies have been sporadic during announcements. Even Sharplink Gaming, the Ethereum treasury company backed by Ethereum co-founder Joe Lubin, saw shares re-trace 90% just weeks after their announcement when they launched earlier this summer.