Lookonchain APP

App Store

Analysis: The Trump Brothers and Tron "Reverse Merger" Deal Facilitator Dominari Have Potential Interests Tied

2025.06.18 00:40:33

On June 18th, it was made public that yesterday Tron disclosed plans to go public by means of a reverse merger with the Nasdaq-listed company SRM Entertainment, and a new company named Tron Inc. was formed. This transaction was mediated by the investment bank Dominari Securities. Although Eric Trump, the younger son of Donald Trump, clarified in a subsequent post that he would not hold any position in the new company listed through Tron's "reverse merger", both Donald Trump Jr., the elder son, and Eric Trump have financial links with Dominari Securities, the broker of this deal. According to a report by Forbes in April, both Trump sons joined the advisory board of Dominari Holdings, the parent company of Dominari Securities, which is based in Trump Tower. As a result, each of them was granted 750,000 shares in the company. At that time, these shares were valued at approximately $3 million. They immediately received 250,000 shares upon joining, and an additional 500,000 shares would be awarded when the company reached certain milestones. If Dominari Holdings achieves further milestones, the Trump brothers, along with advisory board members and Trump Organization executive Ron Lieberman, could collectively receive an additional 550,000 shares. Representatives for Donald Trump Jr., Eric Trump, and Dominari Holdings did not respond to requests for comment previously.
Relevant content

The Nasdaq’s gain widened to 2%, the Philadelphia Semiconductor Index surged 7%, and CoreWeave rose more than 25%.

According to data from the BIT Stock Platform, the Nasdaq Composite extended its gains to 2%, the S&P 500 rose 1.31% on the day, and the Dow Jones gained 0.1%. CoreWeave’s stock jumped over 25%, marking its largest single-day percentage gain since June 2025. The Philadelphia Semiconductor Index expanded its intraday gain to 7%. Micron (MU.O) rose over 13%, Intel (INTC.O) gained over 9%, AMD (AMD.O) climbed over 7%, Broadcom (AVGO.O) increased over 6%, NVIDIA (NVDA.O) advanced over 4%, ASML (ASML.O) rose over 3%, and Qualcomm (QCOM.O) gained over 2%.

4 hours ago

Aave V3.8 adds reentrancy protection for liquidity pools, and has been deployed on 15 V3 markets.

Lending protocol Aave announced that, following approval from Aave DAO, Aave V3.8 developed by Aave Labs has launched on 15 Aave V3 markets. The update adds new security measures to Aave V3 to meet safety standards. Per a governance proposal submitted by Aave Labs, V3.8 is a security-focused, minimally disruptive upgrade that primarily adds reentrancy locks for pool operations during external callbacks. The protection mechanism leverages transient storage (EIP-1153) to maintain accounting consistency when a single transaction interacts with the pool multiple times, while guarding against theoretical reentrancy attacks. Thanks to the use of transient storage, the associated gas overhead remains low. The upgrade covers active Aave instances across 15 blockchains: Ethereum, Plasma, Avalanche, BNB Chain, Monad, Base, Arbitrum, Mantle, X Layer, Polygon, Linea, Optimism, Gnosis, MegaETH, and Celo. Aave Labs clarified that flash loans can still be combined with pool operations such as liquidations in the same transaction, but flash loans cannot be initiated mid-other pool operations. The version passed audits by Certora and third-party firms before moving to on-chain governance voting.

4 hours ago

Berkshire Hathaway outperformed the S&P 500 by around 19.2 percentage points over the past month, notching its largest rolling monthly excess performance since 2010.

Berkshire Hathaway is undergoing a historic resurgence. Over the past month, it has outperformed the S&P 500 by approximately 19.2 percentage points, notching its largest rolling monthly excess return since 2010 and the fourth-biggest such figure in 30 years. By contrast, Berkshire’s peak monthly rolling excess return came during the 2008 financial crisis, reaching roughly 29.6 percentage points. As of Tuesday’s market close, the performance gap between the two narrowed to over 16.9 percentage points, yet still ranks among the widest gaps since 1996. Meanwhile, Berkshire Hathaway’s Class B shares rose 13.2% over the past month, hitting an all-time high, while the S&P 500 declined 3.7% in the same period. Even without Warren Buffett serving as CEO, Berkshire Hathaway remains robust.

4 hours ago

SolanaDoomer shorted 500 BTC with 40x leverage, accumulating around $21.32 million in historical profits.

According to monitoring by OnchainLens, trader SolanaDoomer (@solanadoomer1) has just opened a 500-BTC short position with 40x leverage on Hyperliquid, worth approximately $36.97 million. The entry price of the position is $73,907.60, with a liquidation price of $85,451.20. The trader’s cumulative historical profit stands at around $21.32 million.

4 hours ago

Trader AguilaTrades’ 40x leveraged BTC short position is only 0.44% away from liquidation, with cumulative losses of approximately $39.09 million.

According to monitoring by TradingBeats, trader AguilaTrades currently holds a BTC short position worth around $19.91 million with 40x leverage, just 0.44% away from liquidation. The trader experienced a liquidation event five minutes ago, incurring a loss of approximately $50,900, bringing his total losses on Hyperliquid to around $39.09 million.

4 hours ago

Bitcoin surges $1,000 in 5 minutes, breaking above $74,000.

According to HTX market data, Bitcoin rallied 1,000 USD in a 5-minute short-term surge, breaking through the 74,000 USD level, with a 0.7% gain in the past 24 hours.

4 hours ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano