Trump‑Backed Crypto Firm Sells Only Cash‑Making Unit

A payments business once heralded as the core of a Trump family crypto vision is now preparing to offload its sole income‑generating arm. The pivot follows a token deal that left many investors stranded while the family pocketed hundreds of millions.

Rebranding and New Buyers

• Company name: AI Financial (formerly Alt5 Sigma)
• Potential buyer: Tokyo‑based blockchain firm Perpetuals. com
• Deal value: Up to $15 million (initial $5 million in stock + $10 million contingent on future revenue)
• Past earnings: The payments unit generated about $25 million last year, the only stream for AI Financial.

From Crypto Dream to Reality Check

• Original vision: World Liberty Financial claimed AI Financial would launch an international payments network powered by its USD‑1 stablecoin.
• Reality: No such transactions have occurred on the platform.

The Token Trouble

1. Acquisition: World Liberty bought a controlling stake in AI Financial (Aug 2025) using its WLFI cryptocurrency.
2. Further funding: AI Financial raised $750 million from external investors to purchase more WLFI tokens, tying its fortunes to the digital asset.
3. Token collapse: WLFI’s value fell ~70 %, creating paper losses of hundreds of millions on a largely locked token position.
4. Financial impact: A $271 million quarterly loss, largely due to WLFI decline; the company warned it might not survive as a going concern.

Shareholder Fallout

• Stock plunge: >90 % drop since the World Liberty deal, reducing market value to ~$80 million.
• Leadership churn: Multiple CEO and auditor changes post‑transaction.

Trump Family Profits

• Token sale proceeds: 75 % share of WLFI sales → ~$540 million cash for Trump‑affiliated entities.
• 2025 earnings: President Trump disclosed >$1.4 billion from crypto ventures, ~$527 million from WLFI sales.

Post‑Sale Outlook

• Revenue loss: AI Financial would lose its only income source, relying on a devalued Trump‑linked crypto portfolio.
• Perpetuals’ plans: Explore offering World Liberty’s USD‑1 stablecoin in Europe; license trading technology to AI Financial.

Official Statements

• White House: Trump family’s assets are in independent third‑party accounts; no conflict of interest.
• AI Financial & World Liberty: Declined to comment on sale negotiations.