Eric Trump Denies Involvement in Tron’s Public Offering, Praises Founder Justin Sun
Eric Trump denied involvement in Tron’s public offering plans despite expressing admiration for founder Justin Sun. Tron aims to go public in the U.S. through a reverse merger with SRM Entertainment, rebranding as Tron Inc. and securing a $100 million private equity investment. Tron is the ninth-largest blockchain project, with a market cap of $26.5 billion. Eric Trump’s connection with Sun includes a $30 million investment in World Liberty Financial, where he has influenced the family’s crypto initiatives. The Trump family has profited significantly from World Liberty, with Donald Trump earning $57.4 million from WLFI token sales. Additionally, they launched American Bitcoin, which has mined 215 Bitcoin valued at approximately $23.3 million. Eric Trump views Bitcoin as a global arms race, noting widespread interest from wealthy entities. His family's crypto ventures face increasing scrutiny from Congress.
