Eric Trump, a co-founder of the Trump family's crypto venture, predicted that the AI boom will become the fastest driver of cryptocurrency growth. Speaking at the Token2049 conference in Singapore on Wednesday, Trump noted that while AI investments have recently weighed on crypto prices, they will ultimately fuel the industry's expansion.
Trump emphasized that advancements in AI will create significant demand for digital assets. He argued that progress in AI technology will directly benefit the crypto market, stating, 'The thing that’s going to spawn the growth of digital assets by far the quickest is actually the AI trade.'
The comments come as AI development accelerates, with many investors shifting focus away from cryptocurrencies. Trump suggested that faster AI innovation will lead to broader adoption of digital assets, benefiting the entire industry.