The Trump family crypto empire looks to Asia: Eric Trump talks Bitcoin in Hong Kong

At a recent conference in Hong Kong, Eric Trump expressed his confidence that Bitcoin will reach a valuation of $1 million in the coming years. This event marked the beginning of a series of cryptocurrency conferences across Asia that will feature the sons of former U.S. President Donald Trump. Speaking at the Bitcoin Asia 2025 conference, Eric emphasized his significant engagement with the cryptocurrency community, stating, "I really believe in the next several years, Bitcoin hits a million dollars. There's no question." He revealed that he dedicates 90% of his time to the crypto sector, underscoring his commitment to this evolving industry. During the panel discussion, he praised Simon Gerovich, the president and CEO of Metaplanet, a Japanese Bitcoin treasury company, where Eric recently joined the advisory board. The cryptocurrency market has seen Bitcoin's price surge by approximately 86% in the past year, fueled by optimism surrounding President Trump's election and favorable regulatory developments in the U.S. However, the crypto market is known for its volatility, and the sector has faced challenges, including significant downturns in 2022 following the collapse of major crypto firms. Eric Trump and his brother, Donald Trump Jr., are becoming influential figures in the cryptocurrency landscape, co-founding the bitcoin-mining enterprise American Bitcoin and managing the Trump family's World Liberty Financial project. Their expansion into Asia is evident, with Eric scheduled to visit Japan for a shareholder meeting at Metaplanet soon after his Hong Kong appearance. Both brothers are also set to speak at a cryptocurrency conference in South Korea and at Singapore's Token 2049, one of the largest crypto events globally. President Trump, once skeptical of cryptocurrency, has since embraced the industry, referring to himself as the first "crypto president." Eric commented on the Bitcoin community's support for his father, stating, "The Bitcoin community embraced my father unlike anything I had ever seen before, and I hope that's paid off in spades." Throughout his presidency, Donald Trump has supported policies favorable to the cryptocurrency sector, appointing advocates to key positions, including David Sacks as the White House's AI and crypto czar. Additionally, he has been involved in crypto ventures like World Liberty Financial and the $TRUMP meme coin, leading to scrutiny and allegations of self-dealing from opposition lawmakers. As Eric and Donald Trump Jr. embark on their Asian tour, market analysts will closely observe their interactions with government officials, especially against the backdrop of ongoing trade tensions with Asia. Notably, a Hong Kong official and lawmaker withdrew from the Bitcoin Asia conference following guidance against engaging with Eric Trump, highlighting the political sensitivities surrounding their visit.