ALT5 Sigma appoints Jonathan Hugh as CFO amid expansion

LAS VEGAS - ALT5 Sigma Corporation (NASDAQ:ALTS)(FRA:5AR1), a fintech and digital asset treasury company, announced Thursday the appointment of Jonathan Hugh as Chief Financial Officer. The announcement comes as the company’s stock trades at $7.22, having delivered an impressive 318.92% return over the past year according to InvestingPro data.

Hugh brings over 25 years of senior finance and commercial leadership experience in digital assets, technology, energy, and commodities trading. He previously served as CFO at GSR International Ltd, a global market maker, and Zodia Custody Ltd, a regulated institutional custodian.

The appointment follows ALT5 Sigma’s recently announced $1.5 billion financing and the launch of its $WLFI Treasury Strategy. The company has shown remarkable growth, with revenue surging by 926% in the last twelve months to $22.25 million. Hugh holds membership in the Institute of Chartered Accountants of England and Wales and has an MA in Law from Cambridge University.

"His proven ability to scale high-growth businesses, combined with his expertise in financial strategy and global markets, will be invaluable as we accelerate the global expansion of our Crypto-as-a-Service platform," said Peter Tassiopoulos, CEO of ALT5 Sigma, in a press release statement.

ALT5 Sigma provides blockchain-powered technologies for tokenization, trading, clearing, settlement, payment, and custody of digital assets. The company operates two main platforms: ALT5 Pay, a cryptocurrency payment gateway, and ALT5 Prime, an electronic over-the-counter trading platform.

Since its founding in 2018, the company reports it has processed over $6 billion in cryptocurrency transactions. ALT5 Sigma has been a member of the Russell Microcap Growth, Russell 3000E, and Russell 3000E Growth Indexes since June 2025. With its next earnings report due on August 19, investors can access detailed financial analysis and Fair Value estimates through InvestingPro, which currently rates the company’s overall financial health as FAIR.

The company is also working on separating its biotech business, which will operate under Alyea Therapeutics Corporation.

In other recent news, ALT5 Sigma Corporation has secured a $1.5 billion investment led by World Liberty Financial, marking a significant development for the digital asset trading company. This investment has led to notable changes in leadership, with Zach Witkoff, co-founder and CEO of World Liberty Financial, being appointed as Chairman of ALT5’s board of directors. Additionally, Eric Trump has joined as a director, and Zak Folkman, another co-founder of World Liberty Financial, will serve as a board observer. In a related move, Matt Morgan has been named Chief Investment Officer.

The company has also announced a partnership with Voltage to enable instant Bitcoin payments using the Lightning Network. This collaboration aims to provide ALT5’s clients with rapid and cost-effective Bitcoin transaction capabilities, addressing the growing demand for efficient crypto settlement options. Furthermore, ALT5 Sigma has launched its $WLFI Treasury Strategy, holding approximately 7.5% of the total supply of $WLFI tokens, a stablecoin associated with World Liberty Financial. These developments highlight ALT5 Sigma’s strategic efforts to expand its offerings and enhance its market position.

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