AI Financial in talks to sell payments business for $15M to Perpetuals.com

The post Trump-linked AI Financial looks to offload core business for $15M appeared on BitcoinEthereumNews.com. Perpetuals.com Ltd (Nasdaq: PDC) has signed a non-binding term sheet to explore buying the Trump-linked fintech, Alt5 Sigma Canada, Inc. The fintech company was known as ALT5 Sigma Corporation until April. If the deal closes, it could be worth up to $15 million and function as a lifeline for the company that has warned it may not survive the year. Why is AI Financial selling its core business?  Perpetuals.com Ltd (NASDAQ: PDC) has signed a non-binding term sheet to explore buying Alt5 Sigma Canada Inc., a profitable subsidiary of AI Financial Corporation (Nasdaq: AIFC). The term sheet was disclosed on July 7 in a statement from Matthew Nicoletti, chief strategy officer at Perpetuals. Nicoletti said Perpetuals is still running due diligence and emphasized that nothing has been finalized as the company is still weighing how the purchase might fit its product roadmap.  What is T

The World Liberty Financial-linked AI Financial Corp. posted a net loss of $271.5 million in the first quarter of 2026, and flagged significant doubt it could continue operating for the next 12 months without intervention.

AI Financial posted a $271.5M loss as WLFI holdings fell to $706.4M, raising one-year survival doubt and related-party loan concerns for Q1.

AI Financial's potential collapse highlights the volatility and risks associated with heavy reliance on cryptocurrency assets. The post WLFI-linked AI Financial warns it may not survive next 12 months after losses balloon to $271 million appeared first on Crypto Briefing.