Alt Company Overview

　　

Founding Date and Background

　　Alt, originally known as Altcoinomy, was founded in 2017 by Olivier Cohen and Capland SA, a Geneva-based asset manager. The company emerged as a response to the growing need for compliance and regulatory services in the rapidly evolving digital asset space. Alt specializes in providing KYC (Know Your Customer) and AML (Anti-Money Laundering) solutions for individuals, corporations, and financial institutions engaging with cryptocurrencies.

　　

Parent Company/Ownership Structure

　　Alt operates as a privately held company, co-founded by key stakeholders from Capland SA, which supports its financial and operational strategies. The ownership structure is designed to ensure a focused approach towards its digital asset services while maintaining compliance with regulatory standards.

　　

Headquarters Location

　　The company is headquartered in Switzerland, a country known for its robust financial services sector and strict regulatory framework, which provides a conducive environment for businesses dealing with cryptocurrencies and digital assets.

　　

Global Business Scope

　　Alt's services extend beyond Switzerland, catering to a global clientele that includes crypto-millionaires, token issuers, and private banks. The company has established extensive relationships with regulated OTC (Over-the-Counter) desks worldwide, enabling it to offer competitive pricing and comprehensive financial services.

　　

Main Regulatory Bodies

　　As a regulated financial intermediary in Switzerland, Alt operates under the supervision of the Swiss Financial Market Supervisory Authority (FINMA). The company adheres to strict regulatory requirements, ensuring compliance with both local and international standards.

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Company History and Development

　　

Key Milestones

• 2017: Altcoinomy is co-founded and receives regulatory approval to trade digital assets.
• 2018: The company secures corporate accounts in several private banks and specializes in large OTC transactions.
• 2021: The company rebrands to Alt and initiates its first significant marketing efforts since inception.
• 2022: Altcoinomy becomes a top creditor of Genesis Global Capital, reflecting its growing influence in the digital asset space.
• 2023: The company reaches a milestone of 300 ultra-high-net-worth individual (UHNWI) clients.

　　

Business Expansion Journey

　　Since its inception, Alt has focused on expanding its service offerings and enhancing its technological infrastructure. The company has grown its client base significantly, leveraging its expertise in compliance and regulatory frameworks to attract high-profile clients and partnerships with financial institutions.

　　

Customer Base Growth

　　Alt has successfully cultivated a diverse customer base that includes crypto investors, token issuers, and private banks. The company's focus on compliance and efficient transaction processing has made it a preferred choice for clients seeking to navigate the complexities of digital asset transactions.

　　

Platform Development History

　　Alt has continuously refined its platform to accommodate the needs of its clients. The company has developed proprietary KYC and AML systems to streamline the onboarding process for clients while ensuring compliance with regulatory standards. The platform's adaptability has allowed it to respond to the evolving demands of the digital asset market.

　　

Important Awards or Recognitions Received

　　While specific awards have not been highlighted in the available data, Alt's reputation as a leading KYC/AML expert in the digital asset space underscores its commitment to compliance and customer service excellence.

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Trading Services Offered

　　

Forex Trading Options

　　Alt provides access to a wide range of forex trading options, offering numerous currency pairs for trading. This enables clients to engage in forex trading with flexibility and efficiency.

　　

Stock Trading Options

　　The company also facilitates stock trading, allowing clients to invest in various equities. This service is designed to provide clients with a comprehensive trading experience across multiple asset classes.

　　

CFD Trading Products

　　Alt offers Contracts for Difference (CFDs), enabling clients to speculate on price movements of various financial instruments without owning the underlying assets. This allows for leveraged trading opportunities.

　　

Other Financial Instruments

　　In addition to forex and stocks, Alt provides access to other financial instruments, including:

• Cryptocurrencies: The company supports trading in major cryptocurrencies, allowing clients to diversify their portfolios.
• Commodities: Clients can trade commodities, further enhancing their investment options.

　　

Special Services or Unique Advantages

　　Alt distinguishes itself with unique advantages, such as:

• Fast Execution: The company commits to executing payments within two days, regardless of the transaction size.
• Cost Efficiency: Clients benefit from the infrastructure of a tier-1 Swiss private bank and regulated OTC brokers for crypto-fiat conversions.
• Multiple Currencies: Alt facilitates payments in various deliverable currencies, including less common currencies like Israeli Shekels (ILS) and South African Rand (ZAR).

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Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Alt is regulated by:

• Swiss Financial Market Supervisory Authority (FINMA): This body oversees the company's compliance with Swiss financial regulations.
• Other International Bodies: Depending on the jurisdictions in which it operates, Alt adheres to relevant international regulatory frameworks.

　　

Legal Entity Structure by Region

　　Alt operates as a Swiss financial intermediary, with a legal entity structure that complies with local and international laws. The structure is designed to facilitate smooth operations across different regions while ensuring regulatory compliance.

　　

Client Fund Protection Measures

　　As a regulated entity, Alt implements stringent client fund protection measures, including:

• Segregation of Client Funds: Ensuring that client funds are kept separate from the company's operational funds.
• AML Monitoring: The company conducts thorough AML monitoring to prevent financial crimes.

　　

Countries/Regions Served

　　Alt serves a global clientele, with a focus on regions where cryptocurrency adoption is growing. Its services are particularly tailored for clients in Switzerland and other European countries, as well as clients from North America and Asia.

　　

Compliance History

　　Alt has established a strong compliance history, working closely with regulatory bodies to ensure adherence to KYC and AML requirements. The company's commitment to compliance has fostered trust among its clients and partners.

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Competitive Landscape

　　

3-5 Main Competitors

　　Alt operates in a competitive landscape with several notable competitors, including:

• Coinbase: A leading cryptocurrency exchange offering a wide range of digital asset services.
• Binance: A global cryptocurrency exchange known for its extensive trading options and liquidity.
• Kraken: A well-established exchange providing a variety of trading services, including futures and margin trading.
• Gemini: A regulated cryptocurrency exchange focusing on compliance and security.
• Bitstamp: One of the longest-standing exchanges, known for its reliability and regulatory compliance.

　　

Positioning in the Industry

　　Alt positions itself as a premium provider of KYC/AML services and OTC trading solutions in the digital asset space. Its focus on compliance, customer service, and fast execution sets it apart from traditional exchanges and brokers.

　　

Market Differentiation Factors

　　Key differentiation factors for Alt include:

• Regulatory Expertise: The company's strong compliance framework and relationships with regulatory bodies enhance its credibility.
• Customized Services: Alt offers tailored services to meet the specific needs of high-net-worth individuals and institutional clients.
• Rapid Transaction Processing: The commitment to fast execution of transactions provides a competitive edge in the market.

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　　In conclusion, Alt has established itself as a leader in the digital asset space, providing essential services that bridge the gap between traditional finance and the emerging world of cryptocurrencies. With its strong regulatory framework, diverse service offerings, and commitment to customer satisfaction, Alt is well-positioned for continued growth and success in the evolving financial landscape.

　　For more information on Alt and its services, learn more here.