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Alt5 Sigma Suspends CEO Peter Tassiopoulos, Appoints Jonathan Hugh as Interim Leader
Yahoo Finance· 2025-10-23 15:05
Core Viewpoint - ALT5 Sigma has suspended CEO Peter Tassiopoulos and appointed CFO Jonathan Hugh as interim CEO, with no reason provided for the decision [1][2]. Company Overview - ALT5 Sigma is a developer of digital asset trading platforms, focusing on providing tools for institutions and fintech companies to access cryptocurrency markets [2]. - The company is based in Las Vegas and has been involved in digital asset management and restructuring its health-care division [2]. Leadership Changes - Tassiopoulos was appointed CEO just over a year ago, with a focus on guiding the company's expansion in digital asset management [2]. - The board, led by World Liberty Financial co-founder Zach Witkoff, made the decision to remove Tassiopoulos from his position [1]. Financial Position - ALT5 Sigma holds approximately 7.28 billion WLFI tokens, which represents around 7.3% of the total supply [3]. - The current value of this treasury is estimated to be around $1.5 billion based on WLFI's current prices [3].
CDT Board Authorizes Adoption of Cryptocurrency Treasury Reserve Strategy
Globenewswire· 2025-09-03 12:30
Core Viewpoint - CDT Equity Inc. has approved a cryptocurrency-based treasury reserve strategy to diversify its capital management approach and enhance its innovation-led model [1][2] Group 1: Treasury Reserve Strategy - The strategy aims to hold part of the current balance sheet in digital assets, reflecting the company's belief in the long-term strategic and financial benefits of exposure to cryptocurrencies [2] - The decision is influenced by significant market activity from investors in the cryptocurrency and stablecoin sector, positioning the company for potentially transformative transactions [2] Group 2: Technological Development - CDT is collaborating with Sarborg to create an autonomous AI-led system for evaluating the cryptocurrency market, which will provide real-time analytics and automated execution systems [3] - The company is also focused on advancing its pipeline of Phase-2 ready pharmaceutical assets, leveraging algorithmic repurposing and IP-led licensing opportunities [3] Group 3: Share Information - As of September 2, 2025, CDT has 3,382,025 shares of common stock outstanding, with a total of 250,000,000 authorized shares [4] - The company continues to utilize its at-the-market (ATM) facility with A.G.P./Alliance Global Partners as its primary funding source [4]
AI/R Accelerates Personalization at Scale Through Webjump's Latest Adobe Milestone
GlobeNewswire News Room· 2025-07-31 14:08
Core Insights - AI/R's subsidiary Webjump has achieved the Adobe Experience Manager (AEM) Assets Specialization in the Americas, marking its fifth Adobe specialization and demonstrating the company's commitment to enhancing personalized digital experiences for global enterprises [1] Group 1: Webjump's AEM Assets Specialization - The AEM Assets Specialization showcases Webjump's advanced expertise in managing and optimizing digital assets, which is crucial for brands to deliver tailored content across various channels [2] - Key capabilities include centralizing digital assets for quick access, automating asset tagging and distribution, and supporting omnichannel delivery through AI-powered optimization [3] Group 2: Business Outcomes and Client Impact - The specialization aims to deliver measurable business outcomes such as faster campaign launches, consistent brand experiences across different regions and languages, and reduced operational costs through automation [4][5] - Webjump emphasizes its role in helping clients overcome complex digital challenges and maximizing the potential of personalization and content agility, ultimately driving measurable ROI [6] Group 3: Company Overview - AI/R is an Agentic AI Software Engineering company based in California, focused on integrating AI into its operations to enhance innovation and business productivity across industries [7]