If anyone knows how to play with words, it’s politicians and politicians’ children. Eric Trump, one of Donald Trump’s sons, has said he is not involved in a newly announced reverse merger effort by the crypto company Tron. This denial of involvement would not even be newsworthy except for the fact that Eric Trump himself is on the board of the bank brokering the deal.
Eric sits on the board of Dominari Securities, the investment bank brokering the deal we’re talking about, yet, “I don’t have public involvement” was his words when talking about the matter.
.@tier10k I’m the biggest fan of Tron and love @justinsuntron - he is a great friend and an icon in the crypto space. That said the below is inaccurate - I don’t have public involvement. https://t.co/CDt0uudY1s
— Eric Trump (@EricTrump) June 16, 2025
The question, however, is whether there is a distinction between public and private involvement. Is it just semantics, or is there truly a distinguishing factor?
Either way, Tron plans to make a public debut on the Nasdaq index. Tron’s founder, Justin Sun, wants to take the blockchain network public through a reverse merger with SRM Entertainment, a theme park company based in Florida.
The first word on this deal was an SRM announcement on Monday that Justin Sun would be serving as an advisor to the company. The theme park company also announced that it had received $100 million in equity from an “unnamed private investor.”
While the private investor remained anonymous, it doesn’t take a Sherlock Holmes to put two and two together, especially when the firm has indicated its intention to be renamed “Tron.” As if that’s not enough clue already, the company has also announced that its new “crypto treasury strategy” is to start accumulating as much TRX as possible.
Going back to Eric Trump, the company he’s involved in, Dominari Securities, is a subsidiary of Dominari Holdings. It is also listed as the exclusive placement agent for a whopping $210 million stock offering. Actually, both Eric and Donald Trump Jr. joined the company’s advisory board in February 2025. More interestingly, the firm operates out of the Trump Tower, directly below the Trump organization’s offices. Coincidence? Maybe.
Tron And The Trump Family
Eric Trump is staunch in his position that he has no public involvement with the reverse merger. Justin Sun, on the one hand, has been getting closer to the Trump boys and the Trump family. He was one of the attendees of the private dinner Big Daddy Trump threw for his meme coin. He is also the largest holder of the $TRUMP token.
Sun and Tron were once being looked into in an investigation that began as far back as 2023. The SEC investigation was based on an accusation of market manipulation and selling of unregistered securities. Surprisingly, this same investigation was paused right after Sun got his $75 million stake in Trump’s World Liberty Financial.
Until he says otherwise, Eric Trump is not publicly involved in this reverse merger in any capacity. Maybe he is, privately, but we’ll never know.
Emily Johnson
Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource, and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice. HODL FM strongly recommends contacting a qualified industry professional.
