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Eric Trump Defends Bitcoin Amid Slump, Promotes Real Estate Tokenization

Yahoo Finance •
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Eric Trump dismissed bitcoin's recent volatility during a Yahoo Finance interview, suggesting investors lacking "backbone" should opt for traditional bonds yielding 4.5%. The cryptocurrency has fallen to $67,095, down 31% over the past year and nearly halved from its October peak.

Trump's comments came as his venture World Liberty Financial announced a real estate tokenization project with Saudi Arabian developer DarGlobal, packaging revenue interests from a Maldives Trump resort into blockchain-based securities. The tokenized real estate market currently stands at roughly $359 million, according to crypto data platform RWA.

While promoting blockchain's potential to transform asset ownership from debt to fine art, Trump criticized banks for allegedly "debanking" his family's accounts and opposing crypto-friendly legislation. His company's stablecoin USD1 has reached $5 billion in market value since launching in March 2025, making it the world's fifth-largest. The Trump family's crypto empire has expanded significantly since Donald Trump embraced digital assets during his 2024 campaign.