Channel NewsAsia
AsiaPac · 33 mins ago
Perpetuals.com ends acquisition talks with Trump-linked crypto firm
BOSTON, July 14 : Perpetuals.com, a global fintech company, has discontinued discussions to potentially acquire part of a business closely affiliated with World Liberty Financial, the crypto venture backed by the Trump family, according to a press release issued by Perpetuals on Tuesday.“Perpetuals has decided not to further pursue the acquisition of AI Financial Corporation’s subsidiary Alt5 Sigma Canada, Inc. and the earlier letter of intent has been terminated,” the statement said. Representatives for AI Financial , previously known as ALT5 Sigma, did not immediately respond to a request for comment. U.S.-based, Japan-headquartered Perpetuals had announced on July 7 that it had signed a non-binding term sheet to explore the potential acquisition. Last August, World Liberty Financial par
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