The fintech firm terminated a non-binding term sheet to acquire a subsidiary of AI Financial, linked to World Liberty Financial.
Perpetuals.com has ended acquisition talks with AI Financial Corporation’s subsidiary Alt5 Sigma Canada, Inc., a crypto venture tied to World Liberty Financial. The decision follows the termination of a non-binding term sheet announced on July 7, 2025.
World Liberty Financial, backed by the Trump family, previously partnered with Nasdaq-listed ALT5 Sigma in August 2025. The deal involved ALT5 Sigma raising $750 million, with $717 million used to purchase World Liberty tokens, funneling over $500 million to the Trump family. Since then, ALT5 Sigma’s share price collapsed from above $9 to around $0.53.
No immediate market reaction was reported following the announcement. Representatives for AI Financial did not respond to requests for comment.