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Home Cryptocurrency Altcoins

rewrite this title Eric Trump Praises Tron, But Denies Role in Listing Plans

Editor-In-Chief, BitDegree by Editor-In-Chief, BitDegree
June 17, 2025
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Eric Trump has stated he is not part of the effort to bring the Tron


TRX

$0.2791

blockchain to the Nasdaq, even though he serves on the advisory board of Dominari Securities, the investment firm helping with the listing.

In a June 16 post on X, he said, “I’m the biggest fan of Tron and love Justin Sun. He is a great friend and an icon in the crypto industry”.

Still, he made it clear that he does not have an official role in the project. “I don’t have public involvement”, he added.

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Justin Sun plans to take Tron public by merging with SRM Entertainment, a Florida company that produces merchandise for theme parks. This method, known as a reverse merger, would allow Tron to begin trading publicly without going through a traditional initial public offering.

SRM announced on June 16 that Sun will join as an advisor and that it had received a $100 million equity investment from a private source. As part of the plan, SRM will also change its name to “Tron” and start collecting TRX tokens to support a new crypto-focused treasury strategy.

To raise additional funds, Dominari Securities will lead a $210 million stock offering. The firm is a subsidiary of Dominari Holdings, which is based in Trump Tower, one floor below the offices of the Trump Organization.

Meanwhile, Donald Trump Jr. recently denied that Truth Social has plans to launch a meme coin. What did he say? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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