Eric Trump Removed from ALT5 Sigma Board Amid Nasdaq Compliance Review
Eric TRUMP will no longer join the board of fintech firm ALT5 Sigma following consultations with Nasdaq, according to a recent SEC filing. The decision aligns with the exchange's listing rules, though no specific rationale was disclosed. Zachary Witkoff has been appointed Chairman of the Board, while Trump and Zachary Folkman will serve as observers.
ALT5 Sigma, a blockchain-focused fintech company, specializes in digital asset tokenization, trading, and settlement. The firm announced a $1.5 billion capital raise in August through private and direct share sales. Its technology stack targets institutional-grade infrastructure for crypto markets.