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The investment bank of Trump's son advisers helps toy company SRM Entertainment transform the crypto space

Online reports that small investment bank Dominari Holdings Inc. (Trump's sons Donald Jr. and Eric serve as advisers here) recently completed two key transactions that helped loss-making toy maker SRM Entertainment Inc. successfully transform into cryptocurrency. The bank first assisted a fund managed by its executives in acquiring shares in SRM, and then facilitated the transformation of SRM into Tron Inc. and brought in cryptocurrency entrepreneur Sun Yuchen as a consultant. After the transformation announcement, SRM's share price soared from less than US$2 to more than US$9, an increase of more than 500%, and is currently stable at above US$7. The series of operations brought in more than $120 million in gains on equity investments arranged by Dominari last month.

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