According to The Wall Street Journal, the Trump family’s crypto project, World Liberty Financial, once used WLFI tokens to gain control of AI Financial (formerly Alt5 Sigma). AI Financial then raised $750 million to purchase more WLFI. Currently, AI Financial is in talks with Tokyo-based blockchain company Perpetuals com to sell its core payments business, with the deal potentially reaching $15 million. However, the terms are not finalized, and the deal could change or fall through. This payments business generated $25 million in revenue last year and is AI Financial’s only source of income. Since then, WLFI has dropped 70%, and AI Financial’s stock has fallen over 90% since the related transactions, with a market cap of around $80 million. However, under World Liberty’s token sale arrangement, the Trump family is entitled to 75% of WLFI sales revenue, with AI Financial’s WLFI purchase bringing in approximately $540 million in cash revenue. Perpetuals com has also agreed to explore offering World Liberty’s USD1 stablecoin to European investors and to license its trading engine to AI Financial. https://(wublock123.com)/news/trump-family-crypto-company-ai-financial-selling-core-payments-business-64241