Investment Bank Advised by Trump’s Son Assists Toy Maker SRM Entertainment in Pivot to Crypto

Boutique investment bank Dominari Holdings Inc. (where Donald Trump Jr. and Eric Trump serve as advisors) recently completed two key transactions that helped the loss-making toy manufacturer SRM Entertainment Inc. successfully pivot into the cryptocurrency sector. The bank first assisted a fund managed by SRM executives in acquiring shares of SRM, and subsequently facilitated SRM’s transformation into Tron Inc., bringing in crypto entrepreneur Justin Sun as an advisor. Following the announcement of this transformation, SRM’s share price soared from under $2 to over $9, a surge of more than 500%, and is now holding steady above $7. This series of maneuvers generated over $120 million in returns for stock investments arranged by Dominari last month.