BlockBeats News, on June 18, it was announced that yesterday Tron revealed plans to go public through a reverse merger with the Nasdaq-listed company SRM Entertainment, forming a new company called Tron Inc. The transaction was brokered by the investment bank Dominari Securities. Although Eric Trump, the younger son of Donald Trump, later clarified in a post that he would not be holding any position in the new company listed through Tron's "reverse merger," both Donald Trump Jr., the elder son, and Eric Trump have financial ties to Dominari Securities, the broker of this deal.
According to an April report by Forbes, both Trump sons joined the advisory board of Dominari Holdings, the parent company of Dominari Securities, headquartered in Trump Tower. As a result, each of them received 750,000 shares in the company, valued at approximately $3 million at the time. They immediately received 250,000 shares upon joining, with an additional 500,000 shares to be granted upon the company reaching specific milestones. If Dominari Holdings achieves further milestones, the Trump brothers, along with advisory board members and Trump Organization executive Ron Lieberman, could collectively receive an additional 550,000 shares. Representatives for Donald Trump Jr., Eric Trump, and Dominari Holdings previously did not respond to requests for comment.
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