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Trump Family Pockets Half A Billion As Trump-Backed Crypto Firm Moves To Sell Only Revenue-Generating Business

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International Business Times Fews App News Provider
Fews App Post Time 3h ago

US President Donald Trump speaks as he meets with NATO Secretary General on the sidelines of the NATO summit in Ankara, on July 8, 2026. Saul Loeb/AFP A payments company once touted as a cornerstone of the Trump family's cryptocurrency ambitions is preparing to sell the only part of its business that generates revenue according to the Wall Street Journal, marking a dramatic reversal after a billion-dollar token deal left investors with steep losses while the Trump family collected hundreds of millions of dollars. AI Financial, formerly Alt5 Sigma, is in talks to sell its payments subsidiary to Tokyo-based blockchain company Perpetuals.

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