JanOne -ALT5 Sigma, a wholly-owned subsidiary of JanOne, Launches ALT5 Settlement Platform aimed at the untapped $27.3 Billion Global Digital Content Creation Market

Core Insights - JanOne Inc. has launched the ALT5 Settlement Platform to address the needs of the Global Digital Content Creation Market, which is currently valued at $27.3 billion and projected to grow at a rate of 13.3% from 2023 to 2030 [3][4]. Company Overview - JanOne Inc. is a multidisciplinary organization listed on Nasdaq, focusing on healthcare and fintech, and is part of the Russell Microcap Index [8]. - ALT5 Sigma, a wholly-owned subsidiary of JanOne, specializes in blockchain-powered technologies for digital financial transactions [9]. Product Launch and Features - The ALT5 Settlement Platform allows digital platforms to pay content creators instantly in their preferred cryptocurrencies, including Bitcoin, Ether, USDT, and USDC, enhancing efficiency and reducing costs associated with payment settlements [2][3]. - The platform supports automatic loading of prepaid VISA cards for content creators, enabling them to shop globally at 130 million merchant locations or withdraw funds from 14,500 financial institutions [2]. Market Potential - The Global Digital Content Creation Market is characterized by over 200 million content creators, many of whom earn less than$ 100,000 annually, highlighting the need for efficient payment solutions [3]. - Traditional banking methods for smaller payments are time-consuming and costly, which the ALT5 Settlement Platform aims to resolve [3]. Initial Performance - The ALT5 Settlement Platform began as a pilot project in September 2023, with an initial settlement volume of $1 million, which has since increased to over$ 7 million per month [4]. Transaction Volume - ALT5 has processed over $1.2 billion in cryptocurrency transactions in 2023, indicating strong market engagement and operational capacity [5].