WSJ: Trump Family Crypto Project-Linked AI Financial in Talks to Sell Core Business for Up to $15M
According to The Wall Street Journal, AI Financial, formerly Alt5 Sigma, is in talks to sell its core payments business to Tokyo-based blockchain company Perpetuals com for up to $15 million. The company had beforehand come beneath the management of Trump household crypto mission World Liberty Financial by means of WLFI tokens, and later raised $750 million to purchase extra WLFI. After the deal, WLFI fell 70%, whereas AI Financial’s shares dropped greater than 90%, leaving its market worth at about $80 million. WSJ mentioned the Trump household is entitled to 75% of proceeds from WLFI token gross sales, and AI Financial’s WLFI purchases generated about $540 million in money for Trump-related entities.
