Eric Trump denies role in Tron IPO
The post Eric Trump denies role in Tron IPO appeared on BitcoinEthereumNews.com. Eric Trump has publicly denied being involved in Tron’s push to go public via Nasdaq despite sitting on the board of the investment firm handling the deal. His comment comes as more people question the role of politics in crypto, especially since the Trumps have begun dabbling in digital assets. President Donald Trump has reportedly made $57 million from NFTs and the launch of his token referred to as $TRUMP, which reportedly became popular earlier in the year. The family also connects with other blockchain startups through advisory roles and investment stakes. It’s not the first time that their involvement has raised eyebrows. Earlier, World Liberty Financial, a crypto company believed to be affiliated with the Trump camp, made headlines for a lack of transparency. With Tron’s IPO heating up, questions about ethical lines and financial disclosures are intensifying. Trump says he stays out of the deal but supports Tron’s founder Eric Trump posted on X saying he has no “public involvement” in Tron’s reverse merger with SRM Entertainment but still showed strong support for Tron’s founder, Justin Sun, by calling him “a great friend and an icon in the crypto space.” However, many people felt Eric’s message showed a strong personal interest in the project and its key players despite trying to distance himself from official involvement. The news that Tron would go public on the Nasdaq by merging with SRM Entertainment gained quick attention because Eric Trump and his brother, Donald Trump Jr., sit on the advisory board of the boutique investment bank leading the deal, Dominari Securities. This connection linked the Trump family to one of the largest crypto platforms seeking to enter the US stock market. Eric’s post left people wondering whether he could still be involved behind the scenes or indirectly benefit from the deal.…
The post Eric Trump denies role in Tron IPO appeared on BitcoinEthereumNews.com.
Eric Trump has publicly denied being involved in Tron’s push to go public via Nasdaq despite sitting on the board of the investment firm handling the deal. His comment comes as more people question the role of politics in crypto, especially since the Trumps have begun dabbling in digital assets. President Donald Trump has reportedly made $57 million from NFTs and the launch of his token referred to as $TRUMP, which reportedly became popular earlier in the year. The family also connects with other blockchain startups through advisory roles and investment stakes. It’s not the first time that their involvement has raised eyebrows. Earlier, World Liberty Financial, a crypto company believed to be affiliated with the Trump camp, made headlines for a lack of transparency. With Tron’s IPO heating up, questions about ethical lines and financial disclosures are intensifying. Trump says he stays out of the deal but supports Tron’s founder Eric Trump posted on X saying he has no “public involvement” in Tron’s reverse merger with SRM Entertainment but still showed strong support for Tron’s founder, Justin Sun, by calling him “a great friend and an icon in the crypto space.” However, many people felt Eric’s message showed a strong personal interest in the project and its key players despite trying to distance himself from official involvement. The news that Tron would go public on the Nasdaq by merging with SRM Entertainment gained quick attention because Eric Trump and his brother, Donald Trump Jr., sit on the advisory board of the boutique investment bank leading the deal, Dominari Securities. This connection linked the Trump family to one of the largest crypto platforms seeking to enter the US stock market. Eric’s post left people wondering whether he could still be involved behind the scenes or indirectly benefit from the deal.…
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