Eric Trump, son of former U.S. President Donald Trump, has officially resigned from his role as a board member at the fintech company ALT5 Sigma. The decision comes in light of Nasdaq’s regulatory guidelines, which reportedly prompted the move to avoid any potential conflicts of interest or compliance violations.

ALT5 Sigma, known for its involvement in digital asset trading and blockchain infrastructure, is preparing for a public listing. Nasdaq’s strict listing standards require transparency and clear separation between governance and political influence, which may have contributed to Eric Trump’s departure from the board.

While the resignation was unexpected, industry analysts believe it could be a strategic step for ALT5 Sigma to maintain regulatory alignment and bolster investor confidence ahead of its anticipated market debut. The company is continuing to pursue its mission to build institutional-grade blockchain solutions.

Eric Trump’s exit does not necessarily signal a shift in support for the company but rather a necessary adjustment as ALT5 Sigma enters a new phase of growth and scrutiny. The board is expected to announce a replacement in the coming weeks.