Eric Trump has publicly denied any involvement in rumored plans for Tron (TRX) to pursue a public listing via a reverse merger with SRM Entertainment, labeling the claims ‘inaccurate’.
Despite distancing himself from the specific deal, Eric Trump acknowledged Justin Sun’s significant role in advancing blockchain initiatives aligned with the Trump ecosystem, specifically citing World Liberty Financial (WLFI).
In a separate development signaling a potential shift in Tron’s regulatory landscape, the U.S. Securities and Exchange Commission (SEC) and Justin Sun jointly filed a motion to pause the ongoing lawsuit against Tron.
This pause in the SEC’s legal action is viewed as a positive development for Tron, potentially easing regulatory hurdles and fostering renewed investor confidence in the project within the U.S. market.
Justin Sun’s strategic partnerships with Trump-affiliated cryptocurrency initiatives are seen as a key factor contributing to Tron’s recent momentum in the United States.