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The Economic Times
The Economic Times
Technology

Trump-linked fintech firm AI Financial sells unit to Prime Delta

AI Financial Corp, a company closely affiliated with World Liberty Financial, ​the crypto venture backed ​by the Trump family, has sold its Canadian unit to ​New York-based Prime Delta, weeks after fintech firm Perpetuals.com ended talks to buy the subsidiary.

AI Financial will receive a $12 million secured promissory note - with $1 million due next ‌week and ⁠the rest ⁠paid over time - and about 11.6 million shares of Prime Delta stock for the ​sale of ALT5 Sigma Canada, an filing with the U.S. Securities and Exchange Commission showed ​on Friday.

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