Skip to content
The Nexus
BUSINESSApr 30 · 16:46 UTCR/CRYPTOCURRENCY/u/fortune

Trump-tied public crypto company buys startup from one-time "cannabis king" who serves as current advisor in deal worth up to $43 million

AI Financial, a publicly traded crypto firm linked to Donald Trump’s family, acquired Block Street, a crypto infrastructure startup, for up to $43 million. Matthew Morgan, AI Financial’s advisor and Block Street’s founder, previously served as chief investment officer before a leadership reshuffle. The deal follows a prior agreement with Trump family company World Liberty Financial to hold $1.5 billion in cryptocurrency.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this