ALT 5 Prime is a compliant alternative investment order management and order routing system for banks, broker dealers, clearing firms, funds, and registered investment advisors.
ALT 5 Prime enables our member clients to offer alternative investment products to their customers, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Physical Gold & Silver as well as access to global alternative investment trading venues.
Compliance with NY BitLicense and Money Transmitter Licenses
According to the New York State Department of Financial Services, a financial advisor does not require a BitLicense for advising clients on buying and selling cryptocurrencies. The ALT 5 Prime platform offers qualified custodian for both fiat and digital assets as well as bonded warehousing for physical assets.