Core Insights - JanOne Inc. announced that its fintech subsidiary, ALT 5 Sigma, will present at the iFX Expo, the largest online trading conference, from June 18 to June 20 in Limassol, Cyprus [1] - The online trading platform market was valued at $9.1 billion in 2022 and is projected to grow to $16.5 billion by 2032, indicating significant growth potential for ALT 5 Pay, which facilitates cryptocurrency payments [1] - The payment processing solutions market is estimated to grow from approximately $100 billion in 2023 at a CAGR of 9.5% from 2023 to 2030, driven by technological advancements such as AI, machine learning, and blockchain [2] Company Overview - ALT 5 Sigma, launched in 2018, provides blockchain-powered technologies aimed at transitioning to a new global financial paradigm, offering two main platforms: "ALT 5 Pay" and "ALT 5 Prime" [3][5] - "ALT 5 Pay" is a cryptocurrency payment gateway that allows global merchants to accept and make cryptocurrency payments, with options to convert to fiat currencies automatically [3] - "ALT 5 Prime" is an electronic over-the-counter trading platform for buying and selling digital assets, accessible via a mobile application and various APIs [4] Market Context - The iFX Expo will facilitate relationship building with existing clients and potential new clients in the online trading platforms market, which is one of the fastest-growing segments for ALT 5 Sigma [2] - The integration of cryptocurrency payment solutions into online trading platforms represents a growing market opportunity for ALT 5 [1][2]
ALT 5 Sigma, a wholly-owned subsidiary of JanOne to Present at the iFX Expo, the World's largest online trading conference and tradeshow