S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
NEW YORK - ALT5 Sigma Corporation (NASDAQ:ALTS), a $128.82 million market cap company whose stock has surged 255% over the past year, has expressed support for the newly signed GENIUS Act, legislation that establishes regulatory guidelines for stablecoin issuance and oversight in the United States. According to InvestingPro analysis, the company maintains a FAIR financial health score of 2.15.
The blockchain payment infrastructure provider’s CEO Peter Tassiopoulos called the legislation "a turning point" that creates a clear legal foundation for U.S. enterprises to build with confidence.
The company, which has processed over $5 billion in cryptocurrency transactions to date and supports more than 1,000 businesses worldwide, indicated its infrastructure has been designed to support compliant digital asset adoption that aligns with the principles now being codified in law.
According to data cited in the company’s statement, stablecoins processed $27.6 trillion in on-chain transactions during 2024, exceeding the combined annual volumes for Visa and Mastercard. These digital assets continue to gain traction in cross-border payments, remittances, and settlement processes, particularly among fintech and institutional users. Get exclusive access to detailed financial metrics and 12+ additional ProTips about ALT5 Sigma with an InvestingPro subscription.
The company reported seeing accelerating demand for stablecoin-related infrastructure as enterprises look to integrate blockchain-based payments into their existing operations.
ALT5 Sigma, which trades on both NASDAQ and the Frankfurt Stock Exchange, provides blockchain technologies for tokenization, trading, settlement, payment, and digital asset custody through its two main platforms: ALT5 Pay and ALT5 Prime.
The company stated in its press release that the regulatory clarity is expected to support its continued growth in the global market.
In other recent news, ALT5 Sigma Corporation has made significant advancements in its operations and market presence. The company has been included in the Russell Microcap Growth, Russell 3000E, and Russell 3000E Growth Indexes, marking its expanded role in the investment community. This inclusion is part of the 2025 Russell indexes reconstitution, highlighting ALT5 Sigma’s growing market capitalization and style attributes. Additionally, the company announced the integration of the Lightning Network on its platform, enabling instantaneous and low-cost Bitcoin transactions, with plans to extend these capabilities to Tether (USDT) stablecoin transactions. This development, powered by Voltage, aims to enhance transaction speed, stability, and cost-efficiency for enterprises engaged in high-frequency digital transactions.
In another development, ALT5 Sigma appointed David Danziger to its board of directors following the passing of longtime director Richard Butler. Danziger will serve as chair of the Audit Committee and a member of other key committees, bringing over four decades of experience in audit and corporate governance. These recent changes reflect the company’s strategic direction towards enhancing its payment solutions and strengthening its leadership team.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.