Eric Trump Says AI Boom Will Drive Fastest Growth in Crypto
Eric Trump sees AI as crypto's biggest growth engine
Eric Trump said the growing investment in artificial intelligence will become the fastest driver of cryptocurrency and digital asset growth. He made the comment on Wednesday, October 7, at the Token2049 conference in Singapore.
Trump, who is a co-founder of a Trump family crypto venture, argued that the AI boom may have temporarily weighed on crypto prices, but it will ultimately push the digital asset industry forward.
Key points
- Eric Trump called AI the single largest catalyst for digital asset growth.
- He spoke at Token2049 in Singapore on October 7, 2026.
- Trump said faster progress in AI will benefit the crypto industry.
- He is a co-founder of a Trump family cryptocurrency venture.
What Eric Trump said
"The thing that's going to spawn the growth of digital assets by far the quickest is actually the AI trade," Trump told the audience. "The faster our kind of friends on the other side of the aisle in AI can sprint toward their goal, the better this industry is going to do."
The Bloomberg report notes that massive investment in AI has been one of the factors depressing cryptocurrency prices in recent months, according to market observers cited by the source.
Why this matters for crypto
Trump's comments reflect a growing narrative in the industry that AI and crypto are connected. Many investors believe that the same infrastructure and demand created by AI companies — including computing power, data storage, and decentralized networks — could benefit blockchain projects.
His remarks come at a time when the crypto market has faced downward pressure, with some attributing part of that weakness to capital flowing into AI stocks instead.
What is confirmed
Erick Trump made the statement at Token2049 in Singapore on October 7, 2026. He is a co-founder of a Trump family crypto venture. Bloomberg reported that AI investment has been a factor in depressed crypto prices, according to the article.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.