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.