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Benzinga
Benzinga
Business
Khyathi Dalal

Eric Trump Announces American Bitcoin Launch, Lauds BTC As 'Modern-Day Gold'

Eric Trump shutterstock_2519822947

Eric Trump, co-founder and chief strategy officer at American Bitcoin Corp. (NASDAQ:ABTC) has lauded blockchain adoption as the future of traditional finance.

What Happened: Speaking on CNBC on Tuesday, Trump described Bitcoin (CRYPTO: BTC) as "modern-day gold," highlighting its security, liquidity, and role as a global hedge that has delivered strong long-term returns.

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