AI Financial Corporation announced on June 10 that it can now use a portion of its World Liberty Financial (WLFI) token holdings to support liquidity, aiming to address going-concern worries raised in its recent quarterly report. However, the stock remains under pressure, trading around $0.665, well below Nasdaq's $1 minimum bid price requirement, keeping delisting risk in focus.
According to the filing, AI Financial holds approximately 6.91 billion WLFI tokens, valued at about $380 million based on the $0.055 token price as of 7 p.m. EDT on June 9. Of these, 3.32 billion tokens, worth over $180 million at that price, are now available for use as collateral, staking, or lending. However, the company emphasized that it has no immediate plans to sell these holdings.
The tokens are not currently being used as cash. AI Financial noted that the 3.32 billion tokens will become fully transferable on August 12, 2026. Another 3.58 billion WLFI tokens remain locked under a 12-month lock-up, with the same transfer date subject to certain conditions. The filing does not account for approximately 378.3 million WLFI tokens already pledged as collateral on a WLFI loan.
Chief Executive Tony Isaac stated that the availability of these tokens for use should not be interpreted as an intention to sell. Management believes that the available WLFI position has substantially mitigated the going-concern risk flagged earlier. The company now asserts that it has sufficient liquidity to fund operations and meet obligations for at least the next 12 months.
Despite these reassurances, AI Financial shares continue to trade below the $1 threshold, with a market capitalization of approximately $84.3 million. Nasdaq rules require companies to maintain a minimum bid price of $1 for 30 consecutive business days; failure to do so results in non-compliance and potential delisting.
The stock has plummeted 92% since the company's Trump-linked crypto deal, according to Dealroom and CNBC. ALT5 Sigma, now rebranded as AI Financial, raised $750 million in August 2025 and spent nearly all of it—$717 million—on World Liberty tokens. Reuters reported that over $500 million of that ended up with the Trump family through World Liberty's revenue split. Shares slid from over $9 last August to just 75 cents by April 2026.
World Liberty Financial's influence extends beyond the WLFI token. The Guardian reported that the UFC confirmed some fighters at a June 14 White House event would receive bonuses in USD1, a stablecoin pegged to the dollar and issued by World Liberty Financial. While USD1 and WLFI are distinct, both are drawing renewed attention to Trump-linked crypto circles as AI Financial attempts to convince investors that its WLFI-heavy balance sheet is a source of strength rather than a liquidity concern.
