The investment vehicle for World Liberty Financial’s crypto token WLFI is in talks to sell subsidiary Alt5 Sigma Canada to Tokyo-based Perpetuals.com. (The Logic)

Talking point: Alt5 Sigma Canada, which has offices in Toronto and Montreal, has been on a wild ride since merging with Trump family venture World Liberty Financial last year. Since then, it suspended its CEO, disclosed it was found criminally liable for money laundering in Rwanda and reportedly channelled more than half a billion dollars to the Trumps, despite WLFI losing about 60 per cent of its value since the beginning of the year and the company’s stock slumping by more than 50 per cent over the same period. Despite all that, Perpetuals.com said in a release that Alt5 Sigma Canada is profitable. The White House denies that the Trump family’s assets and business dealings constitute conflicts of interest. AI Financial is discussing selling Alt5 Sigma Canada for US$15 million, The Wall Street Journal reported, citing a source and company documents.