ALT 5 Sigma and BankLine announce a partnership to bring digital asset platform to Bitcoin ATMs

dWeb.News Article from Daniel Webster dWeb.News

NEW YORK, Dec 24, 2021 – (ACN Newswire) – ALT 5 Sigma Inc., a global fintech that provides next generation blockchain powered technologies for the trading, clearing, settlement, payment, and insured custodianship of digital instruments, announced today it has formed an exclusive partnership with BankLine, the only crypto-friendly banking solution that offers a portfolio of redundant depository institutions willing to serve the varied needs of the crypto industry. Through the partnership, ALT 5 Sigma is able to offer its flagship products, ALT 5 Prim Enterprise, ALT 5 LIQUIDITY, and ALT 5 Payment. ALT 5 Prime Enterprise, a white label cryptocurrency exchange, offers best price execution and a branded Visa/Mastercard to improve customer experience and retention. ALT 5 Liquidity allows the Bitcoin ATM Industry to get the best price execution through either an OTC Desk or a complete integration via FIXAPIs. ALT 5Pay service enables crypto payment integration and all three services can be deployed in a branded, “white label” deployment.

“We look forward to working with the exciting team at BankLine and their customers at creating more efficient and innovative products in the ever-changing land of digital assets,” said Richard Groome, ALT 5 Sigma’s Executive Chairman.

“Alt 5 Sigma and BankLine are a perfect fit,” said Mark Ochab, President and CEO of BankLine. BankLine’s mission is to provide innovative banking and services for the BTM industry. Our BTM customers will be able to transform their cash-based kiosk into a fully-service exchange using the ALT 5 Sigma platform. This will provide a wide range of services and payment options. “

The Visa and Mastercard programs enable banks and other institutions using ALT 5 Sigma’s trading platform to offer branded Visa and/or Mastercard credit cards to their registered end users which are linked to their digital assets’ accounts. ALT 5 Prime clients can use the cards at any global retailer that accepts them as payment, and any ATMs worldwide.

About ALT 5 Sigma

ALT 5 Sigma is a global fintech that provides next generation blockchain powered technologies for the trading, clearing, settlement, payment, and insured custodianship of digital instruments. ALT 5 was created by experts in the financial sector to ensure that the digital asset market is secure, transparent, and compliant. ALT 5 offers its clients the opportunity to purchase, sell, and hold digital assets in a secure and safe environment that follows the best financial industry practices. Banks, Broker Dealers and Funds can access ALT 5 Sigma’s products, services, and other financial information providers. Fireblocks protect ALT 5’s digital asset custodian service. Alt5sigma.com provides more information. You can also connect with us on LinkedIn and Twitter.

About BankLine

BankLine is the only Crypto-friendly banking solution that offers a portfolio of redundant financial institutions willing to serve the varied needs of the Crypto industry. BankLine’s network, which includes Crypto-friendly banks and other services, helps to mitigate the risk of bank closure and offers ongoing, sustainable and scalable support and banking services.

Each BankLine customer has a direct relationship at a FDIC insured depository institution. Each account is titled in the name of the business entity and is exclusive to the entity’s activities.

BankLine’s BTM clients have access to full-service banking solutions at a FDIC insured financial institution, contracting more than 250 Loomis, Brinks, and Garda Cash Vault facilities, servicing well over 25,000 BTM locations across the USA and its territories.

BankLine is now expanding Crypto-friendly banking and armored cash logistics services to the EU, UK, as well as Central and South America. Learn more at bankline.com

CONTACT:
ScottK@calibercorporateadvisers.com
(917) 647-1810

SOURCE: ALT 5 Sigma Inc.


Topic: Press release summary

Source: ALT 5 Sigma Inc
Sectors: Crypto, Exchange, Blockchain, Technology

http://www.acnnewswire.com

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