JanOne's Subsidiary, Alt5, Reports 91% year over year increase in Transaction Volume to US $289 million for April and May 2024

Company Overview - ALT5 Sigma Inc. operates as a fintech company providing blockchain-powered technologies, including the ALT5 Pay payment gateway and ALT5 Prime trading platform [3][15] - ALT5 Pay allows global merchants to accept cryptocurrency payments and offers options for automatic conversion to fiat currency or payment in digital assets [1][3] - ALT5 Prime is an electronic over-the-counter trading platform for buying and selling digital assets, accessible via a mobile application and various APIs [7][15] Financial Performance - In 2023, ALT5 processed over US$1.2 billion in cryptocurrency transactions [3] - For April and May 2024, ALT5 Sigma reported a transaction volume of US$289 million, a significant increase of 91% compared to US$151 million in the same period of 2023 [12] Market Strategy - The company has historically relied on word-of-mouth and client referrals for growth but is now implementing global marketing strategies to enhance its market presence [2] - The acceleration of cryptocurrency adoption across various industries is seen as an opportunity for ALT5's B2B solutions, which can be integrated into business processes from checkout to payouts [2]