- ALT5 Sigma (ALTS, Financial) launches ALT5 Prime to power its new Crypto-as-a-Service (ALTCaaS) platform.
- The offering targets banks, credit unions, and FINRA members, providing them with compliant digital asset trading capabilities.
- ALT5 Sigma joins SIFMA, aligning with institutions managing $13 trillion in client assets.
ALT5 Sigma (NASDAQ: ALTS) has introduced ALT5 Prime, a new Crypto-as-a-Service (ALTCaaS) solution designed to enable rapid deployment of compliant digital asset trading capabilities for FINRA members, banks, and credit unions. This offering provides a comprehensive "exchange-in-a-box" experience, featuring real-time trading and settlement, stablecoin integration, compliance tools, and white-label capabilities.
The key components of the platform include built-in Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance features, risk management tools, and mobile apps available for both Apple and Android platforms. By launching this service, ALT5 aims to reduce the time-to-market and regulatory complexities for financial institutions entering the digital asset space.
In addition to launching ALT5 Prime, ALT5 Sigma has become a member of the Securities Industry and Financial Markets Association (SIFMA), joining an influential group of institutions that represent 90% of the U.S. market share by revenue and manage $13 trillion in client assets. This strategic alliance aims to strengthen ALT5's influence in the institutional adoption of crypto trading and stablecoin settlements.
The global stablecoin market, which ALT5 targets, has reached a market capitalization exceeding $200 billion, with a transaction volume of $27.6 trillion in 2024. By leveraging the growth in this market, ALT5 Sigma positions itself as a key player in bridging traditional and digital finance through its cutting-edge infrastructure solutions.
ALT5 Sigma will further showcase its offerings at SIFMA's Operations Conference & Exhibition scheduled for May 5-8, 2025, in Orlando, Florida, marking a significant step in gaining traction within the institutional finance sector.
