--- title: "ALT 5 Sigma Canada Inc. · (FinCEN) · United States | Elucidate" description: "ALT 5 Sigma Canada Inc. is registered with FinCEN for anti-money-laundering supervision as a in the United States. Licence 31000302468893. LEI 549300VLBPOXFH1EV814. Register status, licences, activities and ownership." url: https://elucidate.co/directory/alt-5-sigma-canada-inc-8d60fef9f3f4 --- 1. [Directory](https://elucidate.co/directory) 2. [United States](https://elucidate.co/directory/country/us) 3. ALT 5 Sigma Canada Inc. United States · Crypto # ALT 5 Sigma Canada Inc. Trading as Alt 5 Pay, Alt 5 Pro ALT 5 Sigma Canada Inc. is a Quebec corporation with its head office in Newmarket, Ontario. FINTRAC registers it as a money services business for payment and crypto-asset services, and FinCEN registers it as a money services business. Prime Delta Corp., a Delaware corporation, acquired the firm from AI Financial Corporation (formerly ALT5 Sigma Corporation) on 3 August 2026. Under the ALT5 brand it runs ALT5 Prime, an over-the-counter crypto-asset trading platform on which it is the counterparty to every trade, and the ALT5 Pay payment gateway for merchants. Register status Registered for AML supervision in the United States FinCEN AML registration only [2 licences and registrations ↓](https://elucidate.co/directory/alt-5-sigma-canada-inc-8d60fef9f3f4#licences) BIC **No BIC** LEI **[549300VLBPOXFH1EV814](https://search.gleif.org/#/record/549300VLBPOXFH1EV814)** [Licence no. **31000302468893**](https://elucidate.co/directory/alt-5-sigma-canada-inc-8d60fef9f3f4#licences) ## Licences and registrations Held by ALT 5 Sigma Canada Inc. (LEI 549300VLBPOXFH1EV814). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [MSB Registrant Search](https://elucidate.co/directory/register/fincen-msb) FinCEN | —Money Transmitter / Remittance | 31000302468893 | [United States](https://elucidate.co/directory/country/us) | Active | 2025-06-11 | — | - Money remittance - Prepaid access - Other money services | [Search the register ↗](https://www.fincen.gov/msb-registrant-search) | | [Money Services Business Registry](https://elucidate.co/directory/register/fintrac-msb) FINTRAC | MSBCrypto-Asset Service Provider | M20608365 | [Canada](https://elucidate.co/directory/country/ca) | Active | 2020-03-06 | Renews 2028-09-30 | - Payment services - Crypto-assets | [Search the register ↗](https://fintrac-canafe.canada.ca/msb-esm/msb-eng) | Trading names on the register: Alt 5 Pay, Alt 5 Pro (FINCEN-MSB), ALT 5 PAY (FINTRAC-MSB) - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/alt-5-sigma-canada-inc-8d60fef9f3f4#overview-sources) Customers Not published Employees Not published Ownership Group subsidiary 100% Prime Delta Corp. Firm type Crypto exchange or broker Trades as ALT5 Sigma - **Standing:** Prime Delta Corp. acquired the firm from AI Financial Corporation (formerly ALT5 Sigma Corporation) on 3 August 2026. On 7 May 2025 the Intermediate Court of Nyarugenge, Rwanda, found the firm criminally liable for offences including illicit enrichment and money laundering. The court ordered the confiscation of about USD 3.5 million of the firm's funds and the firm's dissolution. The firm appealed to the High Court of Kigali on 6 June 2025. No outcome of the appeal has been found. - **Ownership:** Prime Delta Corp., a Delaware corporation, has owned the firm since 3 August 2026, when it bought the firm from AI Financial Corporation and its subsidiary Alt 5 Sigma, Inc. - **Direct parent:** Prime Delta Corp., United States 100% - **Head office:** 17075 Leslie Street, Unit 7, L3Y 8E1 Newmarket, Canada ### Online - **Websites & references:** [alt5sigma.com ↗](https://www.alt5sigma.com/) [dashboard.alt5pay.com ↗](https://dashboard.alt5pay.com/#/a/login-page) ALT5 Pay merchant dashboard login [trade.alt5pro.com ↗](https://trade.alt5pro.com/) ALT5 Prime trading platform login - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/alt-5-sigma/) · [X ↗](https://x.com/ALT5_Sigma) · [YouTube ↗](https://www.youtube.com/channel/UCpn6AF0B0brehvL3RbV70SA) Sources · 11 pages consulted 1. [sec.gov/Archives/edgar/data/862861/000149315226036566/form8-k.htm](https://www.sec.gov/Archives/edgar/data/862861/000149315226036566/form8-k.htm) 2. [sec.gov/Archives/edgar/data/862861/000164117225026082/form8-k.htm](https://www.sec.gov/Archives/edgar/data/862861/000164117225026082/form8-k.htm) 3. [sec.gov/Archives/edgar/data/862861/000149315226020950/ex99-1.htm](https://www.sec.gov/Archives/edgar/data/862861/000149315226020950/ex99-1.htm) 4. [alt5sigma.com/](https://www.alt5sigma.com/) 5. [alt5sigma.com/terms-conditions](https://www.alt5sigma.com/terms-conditions) 6. [alt5sigma.com/faq](https://www.alt5sigma.com/faq) 7. [alt5sigma.com/about-us](https://www.alt5sigma.com/about-us) 8. [theglobeandmail.com/investing/markets/markets-news/Tipranks/3192552/perpetuals-com-explores-acquisition-of-al](https://www.theglobeandmail.com/investing/markets/markets-news/Tipranks/3192552/perpetuals-com-explores-acquisition-of-alt5-sigma-canada-to-bolster-ai-trading-platform/) 9. [bitget.com/news/detail/12560605504958](https://www.bitget.com/news/detail/12560605504958) 10. [finance.yahoo.com/markets/crypto/articles/trump-linked-fintech-ai-financial-010330193.html](https://finance.yahoo.com/markets/crypto/articles/trump-linked-fintech-ai-financial-010330193.html) 11. [prnewswire.com/news-releases/alt5-investigation-alert-investigation-launched-into-alt5-sigma-corporation](https://www.prnewswire.com/news-releases/alt5-investigation-alert-investigation-launched-into-alt5-sigma-corporation-attorneys-encourage-investors-and-potential-witnesses-to-contact-law-firm---alts-302639770.html) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/alt-5-sigma-canada-inc-8d60fef9f3f4#overview-sources) - **Operates under:** Its own licences FINTRAC registers the firm as a money services business and FinCEN registers it as a money services business. According to its client agreement, it is not registered with the Canadian Securities Administrators or the US Securities and Exchange Commission. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Money services business registration (payment services, crypto-assets) | M20608365 | In its own name | Active | [alt5sigma.com ↗](https://www.alt5sigma.com/about-us) | | Financial Crimes Enforcement Network (FinCEN) United States | Money services business registration (money transmitter, prepaid access) | 31000302468893 | In its own name | Active | — | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/alt-5-sigma-canada-inc-8d60fef9f3f4#overview-sources) - **Safeguarding:** Segregated safeguarding accountsAccording to its client agreement, clients' fiat funds are held in trust in the firm's accounts at banks or licensed financial institutions and are used only for funds in transit. [alt5sigma.com ↗](https://www.alt5sigma.com/terms-conditions) - **Crypto-asset custody:** Held by a third-party custodianThe firm holds clients' crypto-assets only temporarily, in trust in an omnibus cold-storage account at Fireblocks Ltd, and clients must withdraw them to their own wallets after each trade. [alt5sigma.com ↗](https://www.alt5sigma.com/terms-conditions) - **Crypto custodian:** Fireblocks Ltd [alt5sigma.com ↗](https://www.alt5sigma.com/terms-conditions) Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/alt-5-sigma-canada-inc-8d60fef9f3f4#overview-sources) - Crypto trading - Crypto payments - Payment gateway - Crypto on- and off-ramp The firm runs ALT5 Prime, an over-the-counter platform where it buys and sells crypto-assets against fiat as counterparty, and ALT5 Pay, a gateway that lets merchants accept crypto-asset payments. Its client agreement excludes residents of Quebec. Its website says services are not available to UK retail clients who do not qualify for exemptions. - **Sells to:** Enterprises · Financial institutions · Platforms and marketplaces · Small businesses - **Serves customers in 2 countries:** Canada · United States ## Recent events 2 enforcement or investigation items Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/alt-5-sigma-canada-inc-8d60fef9f3f4#overview-sources) 1. Aug 2026 Merger / acquisition AI Financial Corporation sold the firm to Prime Delta Corp. for a USD 12 million secured note and 11,551,750 Prime Delta shares. [sec.gov ↗](https://www.sec.gov/Archives/edgar/data/862861/000149315226036566/form8-k.htm) 2. Jul 2026 Other Perpetuals.com Ltd signed a non-binding term sheet to explore acquiring the firm. It ended the talks about one week later, according to press reports. [theglobeandmail.com ↗](https://www.theglobeandmail.com/investing/markets/markets-news/Tipranks/3192552/perpetuals-com-explores-acquisition-of-alt5-sigma-canada-to-bolster-ai-trading-platform/) 3. Apr 2026 Other The firm's then parent, ALT5 Sigma Corporation, changed its name to AI Financial Corporation and its Nasdaq ticker to AIFC. [sec.gov ↗](https://www.sec.gov/Archives/edgar/data/862861/000149315226020950/ex99-1.htm) 4. Oct 2025 Leadership The board of the then parent, ALT5 Sigma Corporation, suspended Chief Executive Officer Peter Tassiopoulos and removed him from his duties. [prnewswire.com ↗](https://www.prnewswire.com/news-releases/alt5-investigation-alert-investigation-launched-into-alt5-sigma-corporation-attorneys-encourage-investors-and-potential-witnesses-to-contact-law-firm---alts-302639770.html) 5. Aug 2025 Investigation ALT5 Sigma Corporation disclosed the Rwandan judgment. Its board formed a special committee to review it and possible misstatements in the group's financial statements. [sec.gov ↗](https://www.sec.gov/Archives/edgar/data/862861/000164117225026082/form8-k.htm) 6. May 2025 Enforcement A Rwandan court found the firm criminally liable for money laundering. It ordered the confiscation of about USD 3.5 million and the firm's dissolution. The firm appealed. [sec.gov ↗](https://www.sec.gov/Archives/edgar/data/862861/000164117225026082/form8-k.htm) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **Licence no. · FINCEN-MSB:** 31000302468893 - **Licence no. · FINTRAC-MSB:** M20608365 - **BIC:** Holds no BIC in Swift’s directory - **LEI:** [549300VLBPOXFH1EV814 ↗](https://search.gleif.org/#/record/549300VLBPOXFH1EV814) - **How the LEI was matched:** Matched by Elucidate to GLEIF on name, country and address - **Elucidate firm ID:** 8d60fef9f3f4 - **Merged register entry:** 53677f9f076e · FINTRAC-MSB ## Profile - **Type:** Crypto · Money service business - **Regulation:** AML registration only - **Main licence class:** Money Transmitter / Remittance - **Activities:** - Money remittance - Prepaid access - Other money services - **Licensed in:** [United States](https://elucidate.co/directory/country/us) · North America - **Head office:** [Canada](https://elucidate.co/directory/country/ca#hq-firms) - **First registered:** 2025-06-11 Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records GLEIF’s relationship records name no parent for this LEI, and no group page is published for it. ## Addresses - **Address on the register:** 17075 Leslie Str, Unit 7, Newmarket, L3Y8E1 - **Country:** Canada ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address, with its LEI - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in one address line ```xml 549300VLBPOXFH1EV814 ALT 5 Sigma Canada Inc. L3Y8E1 Newmarket CA 17075 Leslie Str, Unit 7 ``` CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other crypto institutions in the United States - [Bullish (GI) Limited No BIC Crypto Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · also on FINTRAC-MSB · LEI 254900NYNV3R8ASG1O69](https://elucidate.co/directory/bullish-gi-limited-ab5828389a0f) - [CoinZoom, Inc. · trading as CoinZoom No BIC Crypto Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · also on FINTRAC-MSB · LEI 254900OSN89KBJJMZH17](https://elucidate.co/directory/coinzoom-inc-01b348b3ef91) - [Delos Financial LTD. 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No BIC Crypto Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · also on FINTRAC-MSB · LEI 254900EFVI0G2XW4AP93](https://elucidate.co/directory/flexa-inc-0f11f48b41b5) - [Flumen Pay LLC No BIC Crypto Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · also on FINTRAC-MSB · LEI 984500007987393A9E81](https://elucidate.co/directory/flumen-pay-llc-d500e1541b61) - [Gemini Trust Company, LLC · trading as Gemini Exchange, LLC No BIC Crypto Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · also on FINTRAC-MSB · LEI 254900GBN2V33HKLXO71](https://elucidate.co/directory/gemini-trust-company-llc-3351168d38ee) - [Pionex Inc No BIC Crypto Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · also on FINTRAC-MSB · LEI 254900YVFF6J3358DK80](https://elucidate.co/directory/pionex-inc-597a3ecb3379) - [Stillman Digital inc. No BIC Crypto Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · also on FINTRAC-MSB · LEI 254900SBGEOWIZPTA157](https://elucidate.co/directory/stillman-digital-inc-798a7476d554) [See all →](https://elucidate.co/directory/search?type=crypto&cc=US) [Other entries on FINCEN-MSB →](https://elucidate.co/directory/register/fincen-msb) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Registers for this page - **MSB Registrant Search**—Financial Crimes Enforcement Network (FinCEN) · [source ↗](https://www.fincen.gov/msb-registrant-search) as at 24 September 2026 - **Money Services Business Registry**—Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) · [source ↗](https://fintrac-canafe.canada.ca/msb-esm/msb-eng) as at 25 September 2026 - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.