AI Financial, Linked to Trump-Backed World Liberty Financial, Sells Canadian Unit to Prime Delta
AI Financial, a firm closely tied to the cryptocurrency venture World Liberty Financial—which is backed by U.S. President Donald Trump’s family—has sold its Canadian unit to New York-based Prime Delta. The move comes just weeks after fintech firm Perpetuals.com abandoned its plans to acquire the division.
Deal Structure and Financial Terms
Under the terms of the agreement, AI Financial will receive a $12 million secured promissory note for the sale of its ALT5 Sigma Canada unit. Of this amount, $1 million is due this week, with the remainder payable in installments. Additionally, AI Financial will acquire approximately 11.6 million shares in Prime Delta.
According to documents filed with the U.S. Securities and Exchange Commission (SEC), AI Financial did not disclose the specific reasons driving the transaction.
Prime Delta identifies itself on its official website as a financial services firm specializing in credit brokerage and strategic financial advisory.
World Liberty Ties and Stock Plunge
World Liberty Financial entered into a partnership with ALT5 Sigma in August 2025. Through this deal, ALT5 Sigma raised approximately $750 million by issuing new shares, utilizing around $717 million of the proceeds to purchase World Liberty tokens associated with the crypto project.
According to Reuters, this arrangement effectively funneled more than $500 million to the Trump family, based on the agreements established between the family and World Liberty Financial.
Since the completion of the August 11, 2025 deal, AI Financial's stock has plummeted dramatically. Shares tumbled from over $9 to roughly 44 cents by Friday's close, shrinking the company’s market capitalization to a mere $61 million.
Previous Disputes and Withdrawn Bids
The sale of the Canadian unit to Prime Delta materializes about three weeks after Perpetuals.com announced it was dropping its acquisition plans, without disclosing further details regarding its withdrawal.
Notably, ALT5 Sigma had filed a lawsuit against Prime Delta last year, alleging ties to a former company advisor who was accused of misappropriating corporate data to benefit a competing business. The two companies settled the dispute in December without any admission of wrongdoing or liability by either party, according to SEC filings.