Eric Trump, the son of American President Donald Trump, has denied reports that he will participate in the plan to list the Tron blockchain network publicly in America. However, he has given much praise to the founder of this project – Justin Sun.
"Tron is my favorite project," Eric Trump shared on social media, adding that he admires Justin Sun and sees him as "a great friend, an icon in the cryptocurrency industry."
Earlier, the Financial Times reported that Eric Trump would participate in Justin Sun's IPO – a claim that Eric officially denied.
Eric Trump, his wife, and Chairman of Kinh Bắc Đặng Thành Tâm in Vietnam May 2025As reported by Bitcoin Magazine, Tron is planning to list in America through a reverse merger with SRM Entertainment – a company listed on Nasdaq specializing in souvenirs and merchandise. After the deal, SRM will be renamed Tron Inc. and will establish a TRX reserve fund worth 100 million USD from private equity investments.
Tron is currently the 9th largest blockchain project in the world, with a market capitalization of 26.5 billion USD according to data from CoinMarketCap.
The connection between Eric Trump and Justin Sun began at least in November of last year, when Sun became the largest investor in the World Liberty Financial platform by purchasing 30 million USD worth of WLFI tokens.
The ambition of cryptocurrency surpasses World Liberty Financial
Eric Trump plays a crucial role in shaping the family's cryptocurrency platform – World Liberty Financial, which has quickly garnered attention ahead of the American presidential election.
This project also brings significant profits to the Trump family. According to the documents submitted to the U.S. Office of Government Ethics, President Donald Trump has earned $57.4 million from the sale of WLFI tokens.
Not stopping there, at the beginning of this year, the Trump family also launched American Bitcoin – a digital asset mining company with plans to list through a merger with Dryphon Digital Mining.
Since starting operations in April, American Bitcoin has accumulated 215 Bitcoin – currently valued at approximately 23.3 million USD.
Eric Trump once described Bitcoin as a "global arms race." At the Consensus conference in Toronto in May, he stated:
"Currently, every country is looking for ways to accumulate Bitcoin. From sovereign wealth funds, the wealthiest families, to large corporations – everyone is gathering Bitcoin."
However, the wave of criticism from the U.S. Congress is increasing around the Trump family's cryptocurrency business.
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Eric Trump denies involvement in Tron IPO, praises Justin Sun
Eric Trump, the son of American President Donald Trump, has denied reports that he will participate in the plan to list the Tron blockchain network publicly in America. However, he has given much praise to the founder of this project – Justin Sun.
"Tron is my favorite project," Eric Trump shared on social media, adding that he admires Justin Sun and sees him as "a great friend, an icon in the cryptocurrency industry."
Earlier, the Financial Times reported that Eric Trump would participate in Justin Sun's IPO – a claim that Eric officially denied.
Tron is currently the 9th largest blockchain project in the world, with a market capitalization of 26.5 billion USD according to data from CoinMarketCap.
The connection between Eric Trump and Justin Sun began at least in November of last year, when Sun became the largest investor in the World Liberty Financial platform by purchasing 30 million USD worth of WLFI tokens.
The ambition of cryptocurrency surpasses World Liberty Financial
Eric Trump plays a crucial role in shaping the family's cryptocurrency platform – World Liberty Financial, which has quickly garnered attention ahead of the American presidential election.
This project also brings significant profits to the Trump family. According to the documents submitted to the U.S. Office of Government Ethics, President Donald Trump has earned $57.4 million from the sale of WLFI tokens.
Not stopping there, at the beginning of this year, the Trump family also launched American Bitcoin – a digital asset mining company with plans to list through a merger with Dryphon Digital Mining.
Since starting operations in April, American Bitcoin has accumulated 215 Bitcoin – currently valued at approximately 23.3 million USD.
Eric Trump once described Bitcoin as a "global arms race." At the Consensus conference in Toronto in May, he stated:
"Currently, every country is looking for ways to accumulate Bitcoin. From sovereign wealth funds, the wealthiest families, to large corporations – everyone is gathering Bitcoin."
However, the wave of criticism from the U.S. Congress is increasing around the Trump family's cryptocurrency business.
Thạch Sanh