Trump's encryption partner Alt5 Sigma has been classified as a non-compliant company by Nasdaq for failing to submit its quarterly report.

According to Deep Tide TechFlow news on December 3, Forbes reported that Nasdaq has officially notified Alt5 Sigma—partner of Trump family’s World Liberty Financial Crypto Assets project—that the company has been listed as non-compliant because it “no longer meets the continued listing requirements” due to its failure to submit the financial report for the third quarter of 2025. According to Nasdaq regulations, Alt5 Sigma must submit a plan to regain compliance by January 20, 2026, and if approved, may receive an extension of up to 180 days.

The company stated that this notice is “expected” and will not immediately affect its listing or trading status on Nasdaq. Alt5 Sigma had entered into a $1.5 billion Crypto Assets partnership with World Liberty Financial in August of this year, generating over $500 million in revenue for Trump-associated entities. The reasons for the company's delayed report submission involve multiple factors including changes in auditors, corporate governance issues, and the personal bankruptcy of the former CFO.