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Trump family-affiliated company AI Financial acquires Block Street for $43 million
Golden Finance reports that on April 30, a publicly traded cryptocurrency company related to the family of U.S. President Donald Trump, AI Financial (formerly Alt5 Sigma), completed a $43 million deal last week to acquire cryptocurrency infrastructure company Block Street. Company records show that Block Street was only registered in Nevada in late October. AI Financial’s advisor, who is also the CEO and largest shareholder of Block Street, Matthew Morgan, stated that he founded the company approximately 16 months ago. Morgan said that the acquisition of Block Street was not for proprietary trading.