Dominari: How the Trump Family are Investing in Data Centres
US investment firm Dominari Holdings has launched a high-performance computing (HPC) data centre unit, American Data Centers Inc (ADC), alongside two sons of US President Donald Trump.
This marks the firm’s first foray into the US data centre market, with ADC focusing on growing AI and HPC infrastructure in the US. Working alongside Eric Trump and Donald Trump Jr, Dominari will hold 32% ownership of the company.
“The demand for cloud computing, AI-driven applications, cryptocurrency mining and enterprise data storage is expanding at an unprecedented rate. Through this initiative, we aim to build a robust portfolio of cutting-edge, energy-efficient data centers strategically located in key markets across the US,” says Kyle Wool, President of Dominari Holdings.
“Strengthening American AI infrastructure is vital to support the global rise in demand for these technologies. This venture aligns with our broader strategy to invest in high-growth industries and deliver lasting value to our shareholders.”
Who are Dominari Holdings?
Dominari Holdings, Inc. is an investment company that aims to invest in ambitious companies that have the potential for significant growth and high returns for its shareholders.
As a result of the ADC announcement, the firm has witnessed its share prices rise by 1,118% since the start of 2025, as investors are eager to get involved after the Trump sons joined the company’s advisory board.
The company noted: “Their guidance is expected to be instrumental as we continue to seek attractive investment opportunities, particularly in the rapidly evolving AI and data centre sector.”
- Dominari Holdings, Inc. ranks first on Yahoo! Finance’s list of top micro and small-cap firms in 2025 so far
Formerly known as Aikido Pharma, Inc., the firm was initially formed in 1967 as Spherix Incorporated and has been operating as a biotechnology company with a portfolio of small-molecule anticancer and antiviral therapeutics in development.
Over the past year, the company has shifted its main focus away from biotechnology to focus more on the fintech and financial services industries.
Powering ahead in AI data centre development
Eric Trump and Donald Trump Jr. joined the Advisory Board of Dominari Holdings in February 2025, eager to highlight their shared goal of moving into the AI data centre sector.
“The establishment of ADC is crucial for the development of AI infrastructure in the United States,” Eric Trump shared. “With the soaring demand for data and an urgent need for scalable and efficient data solutions, ADC is poised to become a leading player in the rapidly advancing AI sector, ensuring that America can rely on homegrown solutions to power its AI backbone.”
This is not the first time the Trump family has invested in data centres. Eager to boost the US data centre market even further, President Trump signed an agreement with DAMAC Properties shortly before he retook office in January 2025.
US$20bn was pledged by DAMAC founder Hussain Sajwani to build new data centres across the US, with its global infrastructure company EDGNEX Data Centers by DAMAC simultaneously announcing its strategic entry into the US data centre market.
- Facilitate a data centre building boom
- Balance innovation with sustainability
- Support real estate investments
- Confront semiconductor challenges
- Further grow the US market
The White House also indicated support for the Stargate initiative, suggesting emergency declarations could be made to facilitate power infrastructure development for computing facilities to build AI.
Speaking at the time, Trump noted: “What we want to do is we want to keep it in this country. China is a competitor, others are competitors. We want to be in this country, and we're making it available.”
However, his support has not been without controversy, after he revoked a 2023 executive order that mandated safety disclosures from AI companies to the federal government.
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