Real estate and crypto entrepreneur Eric Trump said Thursday that the crypto world is going to be the future of mainstream finance, despite its trajectory in recent months.
During a wide-ranging interview with Yahoo Finance, Trump weighed in on bitcoin, crypto law, his personal debanking experience, and the latest digital asset project between the Trump Organization and his flagship crypto venture, World Liberty Financial.
“First of all, markets are not always rational,” Trump said, speaking from Palm Beach, Fla., pointing to bitcoin’s performance over the past 10 years, when it was below $500 per coin.
Bitcoin (BTC-USD) fell below $67,000 on Thursday, putting it on pace for a fifth straight week of declines. Its value has nearly halved since hitting an all-time high last October and is down 31% from last year.
“If you don’t have the backbone, with the volatility of the weather, invest in some boring bond that will give you 4.5% yield and call it a day,” Trump said.
Read more: How to navigate the crypto meltdown
Trump’s comments come as World Liberty Financial pushes into a less volatile side of the crypto world: tokenization.
In partnership with crypto firm Securitize and the London Stock Exchange-listed subsidiary of major Saudi Arabian real estate developer DarGlobal, World Liberty has put real estate assets linked to a Trump resort project in the Maldives to completion in 2030 on the blockchain.
The effort involves packaging revenue interests from loans tied to real estate projects so they can be sold as crypto securities to wealthy investors through crypto exchanges. Tokenization is the process of creating a crypto-world representation of an asset so that its equivalent can be traded on crypto rails.
The tokenized real estate market stands at about $359 million, according to crypto data platform RWA.
Tokenization is “going to change the flow of money around the world,” Trump said, adding that he expects everything from debt and commodities to Hollywood film rights, fine art, and potentially even ownership of five-star restaurants to eventually move to the blockchain.
“We are very excited to be ahead with real estate,” he added.
The Trump family’s crypto ventures have ballooned since Donald Trump embraced the crypto world during the 2024 election campaign. His home-bound digital asset empire now spans most corners of the crypto space.
Read more: How stablecoins work
But World Freedom has so far drawn the most attention. In March 2025, the company launched USD1 (USD136148-USD), a US dollar-pegged stablecoin that is now the world’s fifth largest after reaching $5 billion in total market value.
Stablecoins are pegged to other assets, such as the US dollar. Last summer, President Trump signed a bill laying the groundwork for the first federal framework to regulate dollar-pegged stablecoins.
Since then, a disagreement over whether crypto platforms should be able to pay customers “yield” or interest on their stablecoin balances has stalled another major crypto bill called the Clarity Act. Banks and the crypto world are currently at a stand-off over the issue, and the bill’s status will play a major role in where crypto prices go this year.
Crypto and banking trade groups gathered at the White House on Thursday for a third round of talks aimed at resolving the conflict.
During a detailed interview with Yahoo Finance on Thursday, Eric Trump weighed in on bitcoin, crypto law, his personal debanking experience, and the latest digital asset project between the Trump Organization and his flagship crypto venture, World Liberty Financial. (Reuters/Amr Alfiqi) ·Reuters / Reuters
Admitting that he “stays the hell away from Washington, D.C.,” Eric Trump said Thursday that banks are “doing everything they can to put up roadblocks” to passing the bill because they are “threatened” by the crypto industry.
“Banks have always been the biggest monopoly in the history of this country, and now all of a sudden, they’re under threat,” he said. Banks have argued that allowing scaling would provide a way for crypto exchanges to offer bank-like products without the same regulatory requirements.
The Trump Organization is suing Capital One and, most recently, JPMorgan Chase, alleging that it blocked the president’s family and hundreds of Trump Organization accounts for political reasons.
Both banks have denied illegally debanking the president, his family or related entities. A JPMorgan spokeswoman said last month that there was “no merit to the suit,” but that the company “respects[s] The President’s Right to Sue.” In a court filing Thursday, JPMorgan accused Trump and related entities of “misleading” the name of CEO Jamie Dimon in a debanking lawsuit against the company.
Speaking to Yahoo Finance, Eric Trump described the dynamics with the bank as “complicated,” pointing some blame at Biden-era regulators for pressuring lenders.
“JP Morgan pulled well over 50 accounts from us,” he said, but added, “I have a lot of respect for the bank. It’s one of the best financial institutions in the nation.”
David Hollerith covers the financial sector, From the nation’s largest banks to regional lenders, private equity firms, and the cryptocurrency space.
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