Eric Trump Says He Loves Justin Sun but Denies Involvement in TRON’s Nasdaq Listing Plan
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Highlights:
- Eric Trump denies any public role in Tron’s Nasdaq listing but praises Justin Sun openly.
- Tron plans $210M TRX treasury and staking to boost shareholder value and confidence.
- Justin Sun’s stronger Trump ties emerge as SEC investigation quietly comes to a halt.
Eric Trump, a son of United States President Donald Trump, has denied having any involvement in Tron’s reported plan to go public in the U.S. He still openly supports the blockchain project and its founder, Justin Sun. Eric Trump issued a response following a Financial Times report that claimed TRON is aiming to go public in the United States.
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According to the report, the blockchain platform plans to achieve this by merging with SRM Entertainment, a firm currently traded on Nasdaq. Dominari Securities is reportedly managing the merger process. The report stated that SRM Entertainment will rebrand as Tron Inc. under the agreement and may bring Eric Trump onto its executive team.
“I’m the biggest fan of Tron and love @justinsuntron,” Eric Trump posted on X Monday, calling him a great friend and a major name in crypto. While praising the project, Trump dismissed talk of joining the company, saying he has “no public involvement.” His wording, however, stirred speculation about whether some private connection might still exist.
.@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
TRON Eyes $210M TRX Treasury and Staking Push
Tron Inc. plans to hold up to $210 million worth of TRX tokens. It will act as a public company focused on using and managing its crypto assets, much like how MicroStrategy handles its Bitcoin holdings. The company also wants to launch a TRX staking program to support its treasury plan and boost value for shareholders.
Following the reverse merger news, SRM Entertainment’s stock soared by 580%, while TRON’s token TRX rose 5%. This shows that investors still believe in the project’s new plan, even with leadership concerns. However, if investors begin to doubt who’s truly in control, the gains could quickly turn into losses.
Justin Sun highlighted TRON’s goal of transforming digital payments using blockchain technology and stablecoin solutions. With over 310 million users and daily transactions topping $20 billion, TRON is positioning itself as a key player in global on-chain settlements.
Justin Sun Deepens Trump Ties as SEC Case Fades
Justin Sun’s ties with the Trump family have grown stronger over time. He joined a private dinner for Trump’s meme coin, bought a $75 million stake in World Liberty Financial, and now holds the most $TRUMP tokens. Soon after his investment, the U.S. SEC paused its investigation into Sun and Tron. The case started in 2023 and accused him of price manipulation and selling unregistered crypto assets.
Trump’s family is using its political fame to make money from crypto. Donald Trump’s crypto earnings have grown fast. Filings shared last Friday showed he made $58 million from crypto last year, mostly by selling WLFI tokens.
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