Trump family-backed WLFI treasury company AI Financial may be sold for approximately $15 million

CoinFeed July 9 news, according to the Wall Street Journal, the publicly traded company AI Financial (formerly Alt5 Sigma), backed by the Trump family, is in talks with blockchain technology company Perpetuals.com to sell its core payment business, with a proposed price of up to approximately $15 million. The company acquired a controlling stake in the business last year for $750 million, bringing the Trump family over $500 million in related gains, but the overall transaction was a loss for other investors. The deal terms have not been finalized, and negotiations could still change or fall through.