A new partnership between the Tron project and investment firm Dominari Securities promises significant changes in the management of TRX tokens.
Partnership Agreement
According to the Financial Times, Tron, founded by Justin Sun, has partnered with investment firm Dominari Securities. This joint entity will focus on buying and holding Tron's native token, TRX. This strategy is expected to closely resemble Michael Saylor's approach to Bitcoin.
Trump Family's Role in the New Firm
Eric Trump, one of President Donald Trump's sons, will play an active role in the new firm. However, the Financial Times did not provide specific details about his involvement.
Change in Justin Sun's Relationship with Trump Administration
This situation stands in stark contrast to Justin Sun's past conflicts with the SEC. Two years ago, he faced fraud charges. Nevertheless, Tron is actively establishing friendlier relations with the current US president, having participated in events organized by his team and praising the current administration.
Tron's new moves open up prospects for further engagement with investors and strengthen its position in the cryptocurrency sphere.