TechFlow, August 20 — According to Bloomberg, Point72 Asset Management, led by Steve Cohen, and ExodusPoint Capital Management separately disclosed holdings in cryptocurrency payment company Alt5 Sigma on Monday. Point72 holds a 4% stake valued at approximately $26.7 million, while ExodusPoint's main fund previously held over 5% and currently holds 4.75%, with a value of around $32.1 million.
Alt5 Sigma, formerly biotech firm JanOne, transitioned into a fintech company and recently announced a $1.5 billion share transaction this month with World Liberty Financial, backed by the Trump family.
In addition, Alt5 Sigma stated that Jon Isaac is not, and has never been, the president or advisor of Alt5 Sigma. The company claims to have no knowledge of any investigation by the U.S. Securities and Exchange Commission (SEC) into its activities. Earlier reports from media outlets such as The Information indicated that Jon Isaac is under SEC investigation.
