Barron Trump's Crypto Investor Nears Cash Bonanza

Crypto billionaire Justin Sun is taking his company TRON public in the U.S. through a reverse merger worth up to $210 million with merchandise supplier SRM Entertainment.

Sun, a significant investor in the Trump family's crypto bank World Liberty Financial, is a vocal supporter of the Trump administration's embrace of cryptocurrency. Barron Trump, Donald Trump's youngest son and described as the family's cryptocurrency expert, is listed as an ambassador for World Liberty Financial alongside his half-brothers Eric and Donald Trump Jr. Barron, 19, has reportedly earned nearly $40 million from cryptocurrency ventures and holds multiple wallets, potentially making him the richest of Trump's sons. He is currently enrolled at NYU's Stern School of Business.

The merger with SRM Entertainment appears to formalize ties between Sun and the Trump family, with reports suggesting Eric Trump would take a role in the newly rebranded Tron Inc. However, Eric Trump publicly rejected this report on X (formerly Twitter), stating he has no public involvement despite being a fan of Sun and TRON.

Following news of the merger, shares of Nasdaq-listed SRM Entertainment soared by as much as 647%. The deal involves TRON injecting $210 million worth of crypto assets into the new Tron Inc. SRM Entertainment stated the investment enables them to build a "substantial TRON Treasury Strategy," aligning with their vision of capitalizing on blockchain and digital innovation for long-term shareholder value, including plans for a dividend policy.