Breaking: Tron (TRX) Announces Public Listing with Eric Trump Joining Executive Team
Tron''s TRX is making Wall Street moves—and bringing political royalty along for the ride.
The IPO Play
Justin Sun''s blockchain brainchild files for public listing, aiming to become the first major Layer 1 to trade on traditional exchanges. No valuation disclosed—but insiders whisper it''s enough to make even meme coin bagholders blush.
Trump Card
Eric Trump confirms executive role in ''advisory capacity,'' triggering both crypto Twitter meltdowns and speculative trading surges. Critics question the move while TRX holders celebrate the mainstream attention.
Market Frenzy
TRX pumps 18% on rumor confirmation before settling at +9%—because nothing moves needles like political theater meets decentralized finance. Traders now debating whether this counts as ''real adoption'' or just another celebrity crypto circus.
Sun gets his Nasdaq moment. Trump gets a blockchain bullet point. And crypto gets another plot twist proving this space runs on two fuels: tech breakthroughs and pure spectacle.
Tron Goes Public, Trump Family Continues Pro-Crypto Approach
The MOVE is the latest in a string of pro-crypto decisions involving Donald Trump and his family. After Trump campaigned for a lighter-touch regulatory approach to crypto, the SEC and Justin Sun filed a court motion to pause the regulator’s lawsuit against Sun and Tron in February. Additionally, Sun has strengthened his relationship with the Trump family. In May, Sun and the other 24 top holders of the TRUMP memecoin attended a banquet with the president at the Trump National Golf Club in Virginia.
Furthermore, the Tron Founder has also invested $75 million into World Liberty Financial, a Trump family cryptocurrency company from which the president has derived income of $57 million. Last week, World Liberty issued its first stablecoins, a type of digital dollar, on the Tron blockchain.
Shares in Dominari Holdings Inc. (DOMH) are up 7% since the stock market opened on Monday. The tron TRX cryptocurrency is also up 3% in the last 24 hours at the time of writing.
