TechFlow News, May 20: According to a Cointelegraph report, AI Financial Corp.—a company affiliated with World Liberty Financial (WLFI), the cryptocurrency platform backed by the Trump family—reported a net loss of $271.5 million for Q1 2026, far exceeding its $2.4 million loss in the same period last year. The company disclosed that, as of March 28, it faced a liquidity shortfall of approximately $5.5 million, with liabilities totaling $39.1 million against assets of only $32.2 million, and explicitly stated it has “substantial doubt” about its ability to continue as a going concern over the next 12 months.
The company currently holds 7.3 billion WLFI tokens, with a book value of $703.4 million; however, since December last year, the token’s value has declined by one-third, resulting in cumulative unrealized losses of $348.3 million—against an original acquisition cost of $1.46 billion. Additionally, in January this year, AI Financial borrowed approximately $15 million from World Liberty to fund share buybacks and increase its WLFI holdings. AI Financial (AIFC) shares closed down 6.3% on Tuesday at $0.85, representing a nearly 87.5% decline over the past 12 months. Notably, Eric Trump, Donald Trump’s son, previously joined the company’s board but was quietly removed from the leadership page on the company’s official website last month.
