Eric Trump Gives Justin Sun Some ‘Love’ — Insists He’s No Player In Tron’s Public Venture

Source Bitcoinist

According to reports, Eric Trump insists he has no formal connection to Tron’s Nasdaq listing plan, even though he is named as an advisor to the firm handling the deal.

His statement came after growing chatter about the overlap between politics and crypto. He called Justin Sun “a great friend and an icon in the crypto space,” yet he insists he has no “public involvement” in the merger.

Trump Family Crypto Ties

Eric Trump and his brother, Donald Trump Jr., both sit on the Dominari Securities advisory board. Based on reports, US President Donald Trump has pulled in $57 million from his NFTs and the launch of the TRUMP token earlier this year.

The Trump camp also has ties to World Liberty Financial, which drew scrutiny for its lack of clear disclosures. These connections have some observers wondering if family name and political clout are being used to open doors in crypto.

Reverse Merger Details

Dominari Securities is handling a $210 million stock offering linked to Tron’s reverse merger with SRM Entertainment. SRM announced it had secured a $100 million equity investment from an unnamed private backer on the same day it revealed plans to rename itself Tron Inc.

This move lets Tron skip a traditional IPO and list instantly on Nasdaq by using SRM’s existing status. The new company will hold and invest in crypto, with TRX tokens lining its treasury.

Questions About Influence

The fact that Dominari’s offices are in Trump Tower adds another layer to the story. People are asking if political ties could tilt the scales behind closed doors.

Based on reports, many feel Eric Trump’s denial is careful wording meant to keep him outside the formal spotlight while still allowing private gains. There is no public record showing him in the deal’s filings, but his role on the advisory board makes it hard to ignore him completely.

Justin Sun’s Strategy

Justin Sun has been working his own angles. He joined a private crypto dinner hosted by US President Donald Trump. He also bought a $75 million stake in World Liberty Financial in 2024, which reportedly led the SEC to pause its probe into him and the Tron Foundation.

Featured image from Getty Images, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
Solana Price Forecast: SOL flashes bearish signals, risks double-digit crashSolana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Author  FXStreet
May 19, Mon
Solana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
placeholder
Ethereum Price Faces Pressure: Can It Sustain Its Recent Rally?Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
Author  NewsBTC
May 27, Tue
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
placeholder
Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over?The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
Author  Bitcoinist
Jun 09, Mon
The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
placeholder
Pound Sterling trades sideways against US Dollar amid Israel-Iran conflictThe Pound Sterling (GBP) trades in a limited range around 1.3565 against the US Dollar (USD) during European trading hours on Tuesday.
Author  FXStreet
Yesterday 09: 12
The Pound Sterling (GBP) trades in a limited range around 1.3565 against the US Dollar (USD) during European trading hours on Tuesday.
goTop
quote