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Trump Family's AI Financial Seeks to Sell Core Business for Up to $15M on July 8

2026-07-08 15:34:02

According to the Wall Street Journal, on July 8, AI Financial (formerly Alt5 Sigma, ticker: AIFC), the Nasdaq-listed crypto company backed by the Trump family, is in negotiations with blockchain technology firm Perpetuals to sell its core business. The discussed deal price could reach as high as $15 million, according to sources familiar with the transaction and company filings. The deal terms remain unsettled and may change as negotiations progress; the transaction could ultimately fall through. The acquisition comes roughly one year after the company paid $750 million to acquire control of a small payments company.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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