The Trump family's cryptocurrency company, AI Financial, is planning to sell its core business for up to $15 million.
BlockBeats News, July 8th, according to
The Nasdaq-listed company—previously known as Alt5 Sigma, recently rebranded as AI Financial (stock symbol AIFC)—is currently in negotiations with blockchain technology company Perpetuals to sell its core business.
According to a source familiar with the transaction and company documents, the discussed transaction price is up to approximately $15 million. The final terms of the transaction have not been determined yet. As the negotiations progress, the specific conditions may change, and the transaction may not ultimately be completed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sector Update: Financial
30-Year Treasury Yield Rises to 5.594% -- Data Talk
Kalshi Weighs $1B Funding Round at Nearly $40B Valuation as It Expands
Correction to Jersey Mike's Subs Rating
