Eric Trump is joining his father on a state visit to Beijing while a company linked to him and the US president’s family explores a deal with a Chinese chipmaker that American lawmakers have warned is connected to the ruling Communist Party.
Las Vegas-based fintech Alt5 Sigma, which has financial links to the Trump family’s World Liberty Financial crypto business, last month signed a memorandum of understanding with Nano Labs to build data centres in the US.
Eric Trump was designated an “observer” on Alt5 Sigma’s board last year, according to US securities filings. Zach Witkoff, the son of Steve Witkoff, President Donald Trump’s Middle East envoy, chairs the board.
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