Donald Trump Jr. (L) and Eric Trump at the Nasdaq Marketsite before ringing the opening bell to celebrate Alt5 Sigma’s signing of a virtual currency agreement with World Liberty Financial on August 13, 2025 in New York.
Eduardo Muñoz | Reuters
AI Financial Co., Ltd.The publicly traded company, which suffered heavy losses after making billions of dollars in bets on cryptocurrencies backed by the Trump family, announced Wednesday that its outlook has improved. As of Wednesday’s market open, the company’s stock price is down 92% since a bet of 65 cents per share.
The Trump family made about $500 million from the deal, CNBC reported. A spokesperson for the Trump brothers previously said they have no involvement or involvement in AI Financial.
The company now says in a filing with the Securities and Exchange Commission that the problems that caused it to warn investors about the future have been “substantially reduced.”
AI Financial told investors in May that it was unclear whether it would be able to continue as a going concern for the next 12 months.
AI Financial is listed on the Nasdaq. The exchange requires listed companies to consistently maintain stock prices above $1 per share. If AI Financial is unable to do so within approximately the next two weeks, it could be delisted.
AI Financial was previously named Alt5 Sigma. In August, Alt5 signed a $1.5 billion deal with World Liberty Financial, a privately held company co-founded in 2024 by Eric Trump, Donald Trump Jr. and other business partners. Listed companies acquired 7.3 billion WLFI tokens in hopes of increasing their value.
Instead, as of Wednesday morning, the value of the Trump-backed cryptocurrency was 70% less than what Alt5 paid for the token, according to Coinbase. AI Financial said in a recent securities filing that its crypto assets lost $348 million in the first quarter. In addition to paper losses on the balance sheet, there was also an operating loss. Since then, WLFI’s value has continued to decline.
AI Financial currently cannot sell its WLFI holdings, but it can lend some of it out. The company said in a filing on Wednesday that approximately 3.2 billion WLFI tokens are available for “use as collateral for loan transactions” or other similar purposes.
CEO Tony Isaac said in an accompanying press release that the company has no plans to sell these tokens. These have been split into multiple tranches based on how they were acquired, and are subject to various lock-up agreements that prevent them from being sold until mid-August at the earliest.
AI Financial valued its WLFI holding at $380 million as of Tuesday night and said $180 million was available for financing. These holdings were initially worth $1.4 billion.
Following the announcement, AI Financial’s stock rose 3 cents in early trading Wednesday.
