Old Glory Bank and ALT 5 Sigma Expand Crypto Payment Options for Reg A+ Offering

Rhea-AI Summary

Old Glory Bank and ALT5 Sigma (NASDAQ: ALTS) have announced an expansion of cryptocurrency payment options for Old Glory Bank's Regulation A+ mini-IPO. The partnership now accepts $TRUMP Coin alongside Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, and other cryptocurrencies as payment methods for share purchases.

Through ALT5's payment platform, investors can make secure, real-time cryptocurrency transactions to fund their Reg A+ investments. This integration demonstrates the practical application of digital assets in regulated financial markets, enabling 24/7 transactions without traditional intermediaries.

The collaboration aims to expand access to Old Glory Bank's fundraising process while showcasing cryptocurrency's potential as a legitimate financial instrument. The initiative aligns with Old Glory Bank's mission of protecting Privacy, Security, and Liberty for Americans while bridging traditional banking with digital finance innovation.

Positive

• Expansion of payment options through cryptocurrency integration
• Partnership enables 24/7 real-time transaction capabilities
• Reduced transaction costs by eliminating traditional intermediaries
• Enhanced market accessibility for Reg A+ offering

Negative

• None.

Now Accepting $TRUMP Coin, Along with Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, and More

LAS VEGAS, NV / ACCESS Newswire / February 20, 2025 / Old Glory Bank, a pro-America financial institution, and ALT5 Sigma Corporation ("ALT5") (Nasdaq:ALTS), a leading fintech innovator specializing in blockchain-powered solutions, today announced the expansion of crypto payment options for investors in Old Glory Bank's Regulation A+ (Reg A+) mini-IPO.

Along with Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, and other cryptocurrencies, the $TRUMP Coin can now be accepted as a payment method for subscribing to Old Glory Bank's mini-IPO. Old Glory Bank's commitment to protecting the Privacy, Security, and Liberty of all Americans aligns with the values of many $TRUMP Coin holders.

Through this collaboration, the ALT5 Pay platform facilitates secure, real-time cryptocurrency transactions, enabling investors to fund their Reg A+ share purchases with digital assets. By integrating cryptocurrency into its fundraising process, Old Glory Bank is expanding access to its Reg+ offering, demonstrating how digital assets can be seamlessly incorporated into regulated financial markets.

The partnership between Old Glory Bank and ALT5 represents a significant step forward in the adoption of digital assets for real-world financial applications, bridging the gap between blockchain-powered payments and traditional finance.

"Enabling instant, 24/7 transactions in a secure and compliant manner further demonstrates the power of blockchain-enabled technologies," said Peter Tassiopoulos, CEO of ALT5 Sigma Corporation. "By allowing crypto payments for Old Glory Bank's Reg A+ offering, we are showcasing another use case for cryptocurrencies as a legitimate financial instrument, facilitating instantaneous settlement without the cost and complexity of intermediaries."

Mike Ring, CEO of Old Glory Bank, added, "At Old Glory Bank, we believe in financial freedom. This partnership with ALT5 Sigma provides our investors with more options and flexibility. Accepting cryptocurrency for our Reg A+ offering underscores the growing role of digital assets in financial transactions. We are proud to be at the forefront of this innovation, bridging traditional banking with the future of finance."

About ALT5 Sigma Corporation

ALT5 Sigma Corporation (Nasdaq:ALTS) is a unique Nasdaq-listed multidisciplinary organization with a focus on healthcare and fintech. The Company is one of the constituents of the Russell Microcap Index, as of June 28, 2024.

Launched in 2018, ALT5 Sigma, Inc. (a wholly owned subsidiary of ALT5 Sigma Corporation) is a fintech company that provides next-generation blockchain-powered technologies to enable a migration to a new global financial paradigm. ALT5 Sigma, Inc., through its subsidiaries, offers two main platforms to its customers: "ALT5 Pay" and "ALT5 Prime." ALT5 Sigma Inc. processed over $2 billion USD in cryptocurrency transactions in 2024.

ALT5 Pay is a crypto-currency payment gateway that enables registered and approved global merchants to accept and make crypto-currency payments or to integrate the ALT5 Pay payment platform into their application or operations using the plugin with WooCommerce and or ALT5 Pay's checkout widgets and APIs. Merchants have the option to convert to fiat currency(s) automatically or to receive their payment in digital assets.

ALT5 Prime is an electronic over-the-counter trading platform that enables registered and approved customers to buy and sell digital assets. Customers can purchase digital assets with fiat and, equally, can sell digital assets and receive fiat. ALT5 Prime is available through a browser-based access mobile phone application named "ALT5 Pro" that can be downloaded from the Apple App Store, from Google Play, through ALT5 Prime's FIX API, as well as through Broadridge Financial Solutions' NYFIX gateway for approved customers.

About Old Glory Bank

Old Glory Bank is an FDIC-insured bank that offers the best mobile banking solutions for consumers and businesses, from sea to shining sea. Committed to protecting the Privacy, Security, and Liberty of all Americans, Old Glory Bank serves those who feel marginalized for believing in the greatness of our country. Co-founded by prominent figures such as former Secretary of Housing and Urban Development Dr. Ben Carson, radio and television host Larry Elder, country music superstar John Rich, and former Oklahoma Governor Mary Fallin-Christensen, Old Glory Bank stands as a pillar for freedom-loving patriots. For more information, visit www.oldglorybank.com. We Stand with You. Member FDIC.

Forward Looking Statements

This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the profitability and prospective growth of ALT5's platforms and business that may include, but are not limited to, international currency risks, third-party or customer credit risks, liability claims stemming from ALT5's services, and technology challenges for future growth or expansion. This press release also may contain statements or links relating to risks that JAN 101 will treat PAD, that JAN 123 will treat CRPS, the timing of the commencement of clinical trials, that the FDA will permit approval through a 505(b)(2) pathway for JAN 123, that upon approval JAN 101 will immediately disrupt the PAD market, and other statements, including words such as "continue", "expect", "intend", "will", "hope", "should", "would", "may", "potential", and other similar expressions. Such statements reflect the Company's current view with respect to future events, are subject to risks and uncertainties, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social uncertainties, and contingencies.

Many factors could cause the Company's actual results, performance, or achievements to be materially different from any future results, performance or achievements described in this press release. Such factors could include, among others, those detailed in the Company's periodic reports filed with the Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled "Risk Factors" in the Company's filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. The Company cannot assure that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.

Contact Information

Media/Investor Relations
ir@alt5sigma.com
1-800-400-2247

Ms. Jules Wortman
Old Glory Bank
jwortman@wortmanworks.com

SOURCE: ALT5 Sigma Corp

View the original press release on ACCESS Newswire

FAQ

What cryptocurrencies does ALT5 Sigma (ALTS) accept for Old Glory Bank's Reg A+ offering?

ALT5 Sigma accepts $TRUMP Coin, Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, and other cryptocurrencies for Old Glory Bank's Reg A+ offering.

How does the ALT5 Sigma (ALTS) payment platform work for Old Glory Bank's mini-IPO?

The ALT5 Pay platform facilitates secure, real-time cryptocurrency transactions, allowing investors to directly fund their Reg A+ share purchases using digital assets.

What are the benefits of ALT5 Sigma's (ALTS) crypto payment integration for Old Glory Bank?

The integration enables 24/7 transactions, eliminates intermediary costs, expands access to the Reg A+ offering, and provides investors with more payment flexibility.

When did ALT5 Sigma (ALTS) announce the crypto payment expansion with Old Glory Bank?

ALT5 Sigma announced the cryptocurrency payment expansion with Old Glory Bank on February 20, 2025.