PANews April 30 news, according to a report by "Fortune", the publicly listed cryptocurrency company AI Financial associated with the Trump family has reached an acquisition agreement with the startup Block Street, controlled by its current advisor Matthew Morgan, with a transaction amount of up to $43 million. Documents show that Block Street was registered in Nevada last October and has yet to generate revenue. Morgan briefly served as the Chief Investment Officer of AI Financial in collaboration with the Trump family for the World Liberty Financial project, and later became an unpaid advisor. This acquisition aims to lay out asset tokenization and ICO business. Since cooperating with the Trump family and planning to hold $1.5 billion in cryptocurrency assets on its balance sheet, AI Financial's stock price has dropped by more than 90%. The article also mentions that recently several publicly listed companies with "Bitcoin concepts" have engaged in similar operations of acquiring assets from related parties.

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