AI Financial Sees Core Payments Business Collapse Amid Trump-Linked Partnerships
AI Financial Corporation, formerly ALT5 Sigma, is facing significant challenges after a proposed transaction involving its core payments business collapsed.
The company had previously been associated with World Liberty Financial, a cryptocurrency venture backed by members of the Trump family.
The failed deal, valued at approximately $12 million, would have seen Perpetuals.com acquire Alt5 Sigma Canada, which operates the fintech infrastructure central to AI Financial's digital-asset business.
This reversal is stark compared to the optimism surrounding ALT5 Sigma less than a year ago, when its market value briefly surged to nearly $1 billion following its partnership with World Liberty Financial.