JanOne Acquires Crypto Payment Pioneer ALT 5 Sigma

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As a seasoned crypto investor with a keen eye for promising opportunities, I’m thrilled about JanOne’s strategic acquisition of ALT 5 Sigma. The deal, which is set to close next week, positions JanOne at the vanguard of the digital payments industry, an emerging market poised for exponential growth.

JanOne Inc. is set to take over ALT 5 Sigma Inc., a fintech firm specialized in blockchain and cryptocurrency, according to an agreement signed recently. The transaction, slated for completion on the 13th of next week, will make JanOne a leading player in the surging digital payments sector.

Launched in 2018, ALT 5 Pay represents a groundbreaking solution for businesses worldwide seeking effortless cryptocurrency acceptance, including Bitcoin. With its user-friendly integration capabilities, ALT 5 Pay can be easily set up on popular platforms such as WooCommerce, thereby enabling vendors to process crypto transactions with minimal setup hassle.

On the other hand, ALT 5 Prime functions as a complex digital marketplace for trading cryptocurrencies. Authenticated users can buy or sell these assets on this platform, which is accessible via web browsers and mobile applications. It boasts advanced trading tools tailored to various investing and trading styles among crypto enthusiasts.

According to Tony Isaac, the CEO and President of JanOne, we hold the conviction that ALT 5’s groundbreaking offerings grant them substantial edges in this industry. Collaborating with ALT 5, we aim to broaden their range of products and escalate their global reach.

Based on studies, the payment processing solutions industry is projected to expand at a yearly rate of 9.5%, reaching significant growth between 2023 and 2030. This development follows JanOne’s strategic acquisition of ALT 5 Sigma, positioning the company for profitability.

Since our founding in 2018, becoming part of a publicly-traded corporation like JanOne has long been one of our goals. With this acquisition, we’re excited to embark on an new phase of development in our company’s history.

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2024-05-11 16:53