According to Fortune, the publicly traded crypto company closely associated with the Trump family, AI Financial (formerly Alt5 Sigma), has reached an agreement to acquire the crypto infrastructure startup Block Street for up to $43 million. Matthew Morgan, CEO of Block Street, stated that the acquisition aims to help AI Financial venture into asset tokenization and ICO sectors. AI Financial had previously reached an agreement in August 2024 with the Trump family's crypto project, World Liberty Financial, planning to reserve $1.5 billion in cryptocurrency on its balance sheet. Since announcing the partnership with WLFI last August, AI Financial's stock price has fallen over 90%.

WLFI-4.23%
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