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Trump family-backed crypto firm AI Financial sells Canadian business to Prime Delta

2026-08-08 01:54

Odaily News - Trump family-backed crypto firm AI Financial (formerly ALT5 Sigma) has sold its Canadian subsidiary ALT5 Sigma Canada to New York financial firm Prime Delta.

According to an SEC filing submitted by AI Financial on Friday, the company will receive a secured promissory note worth $12 million and approximately 11.6 million shares of Prime Delta stock following the sale of ALT5 Sigma Canada. The filing did not disclose the specific reasons behind the transaction. (Reuters)