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Trump-affiliated crypto company AI Financial acquires blockchain infrastructure startup Block Street for up to $43 million
Deep Tide TechFlow News, April 30th, according to Fortune, the publicly listed crypto company associated with the Trump family, AI Financial, announced it would acquire blockchain infrastructure startup Block Street for up to $43 million. Block Street was founded by AI Financial’s current advisor, former “King of Marijuana” Matthew Morgan, in October 2025. It has not yet generated revenue and primarily focuses on asset tokenization and initial coin offerings (ICOs). AI Financial previously partnered with the Trump family’s crypto project, World Liberty Financial, promising to include $1.5 billion in cryptocurrency on its balance sheet, but since the announcement of the partnership, its stock price has fallen more than 90%.