- Eric Trump denied reports linking him to Tron’s planned public company merger deal.
- He praised Justin Sun and Tron but confirmed he holds no official role in the venture.
- Tron plans to go public via SRM Entertainment, rebranding as Tron Inc. with $100M funding.
Eric Trump has distanced himself from rumors linking him to a new public company backed by the Tron blockchain. On Monday, Eric posted on X to address claims made in a Financial Times report. The article had suggested he would play a formal role in Tron’s upcoming market strategy.
He wrote that he is the biggest fan of Tron and praised its founder, Justin Sun. Trump called Sun a “great friend” and a major figure in the crypto industry. However, he added that he doesn’t have public involvement in this company.
His statement followed reports that Tron plans to go public through a reverse merger with SRM Entertainment. The merger would see SRM rebranded as Tron Inc., with a plan to build a large TRX treasury. The move is being facilitated by Dominari Securities.
According to the report, the new firm could hold as much as $210 million in TRX tokens. The report also stated that Tron Inc. would emulate Strategy, the Bitcoin-focused public company formerly known as MicroStrategy. It would be used as a public vehicle to hold crypto assets.
While Eric Trump has denied any formal role in Tron Inc., this isn’t the first time his name has been associated with blockchain ventures involving Sun. In late 2023, Sun invested $30 million in World Liberty Financial, and Eric Trump’s name was mentioned among the project’s backers, though no formal role was ever confirmed.
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This latest development comes as Tron grows its U.S. presence through corporate partnerships and investment deals. The Tron blockchain is currently the ninth-largest by market capitalization. According to CoinMarketCap, its market cap now stands at around $26.5 billion.
The proposed merger with SRM aims to provide Tron with greater regulatory exposure through U.S. capital markets. Tron Inc. reportedly plans to raise $100 million in private equity to build its TRX treasury. Despite ongoing speculation, Eric Trump has clarified that he will not hold any official role. As of now, there is no formal connection between Trump and Tron Inc.
