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Matthew Morgan

Coverage of Matthew Morgan in the Nexus archive.

Earliest in view: Apr 30 · 16:46 UTCMost recent: Apr 30 · 16:46 UTC

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BUSINESSApr 30 · 16:46 UTCR/CRYPTOCURRENCY
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.