Trump-linked fintech firm AI Financial sells unit to Prime Delta
Summarized and contextualized by DistantNews.
At a glance
- AI Financial Corp., linked to the Trump family's crypto venture World Liberty Financial, has sold its Canadian unit, ALT5 Sigma Canada, to Prime Delta.
- The sale includes a $12 million secured promissory note and approximately 11.6 million shares of Prime Delta stock.
- The transaction follows a previous abandoned deal with Perpetuals.com and comes after a settled lawsuit between AI Financial and Prime Delta.
AI Financial Corp., a company with ties to the Trump family's crypto venture World Liberty Financial, has divested its Canadian subsidiary, ALT5 Sigma Canada, to New York-based Prime Delta. The deal, confirmed through a U.S. Securities and Exchange Commission filing, involves a $12 million secured promissory note and roughly 11.6 million shares of Prime Delta stock.
This sale occurs weeks after fintech firm Perpetuals.com ceased discussions to acquire the same subsidiary. The filing did not elaborate on the specific reasons behind AI Financial's decision to sell or the rationale for the transaction.
Prime Delta operates as a financial services firm specializing in credit intermediation and strategic financial advisory. AI Financial, formerly known as ALT5 Sigma, had previously partnered with World Liberty Financial in August 2025. That arrangement involved ALT5 Sigma raising $750 million through new share sales, with $717 million used to acquire World Liberty tokens, a deal that reportedly transferred over $500 million to the Trump family.
AI Financial's stock price has seen a significant decline since the August 2025 deal, dropping from over $9 to approximately 44 cents, valuing the company at about $61 million. This sale also follows a settled lawsuit from last year where ALT5 Sigma accused Prime Delta of being linked to a former consultant involved in misappropriating company data for a competing business. The dispute was resolved in December without any admission of wrongdoing.
Originally published by CNA. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.