Mar-a-Lago remains the physical epicenter for crypto firms going public via existing Florida corporations. I can see the great decider and corporate matchmaker Donald J. Trump pairing executives up in the main ballroom. He's saying: "It's your turn in the financial fantasy suite. All I want is a cut, maybe some recurring revenue. It's not for me. It's for the boys."
Dominari Holdings, with Don Jr. and Eric (nearly 1 million shares) on their Advisory Board, announced:
Dominari Holdings Inc. (Nasdaq: DOMH) today announced that its wholly owned subsidiary, Dominari Securities LLC, served as the exclusive placement agent, successfully leading the placement of a $100 million equity investment for SRM Entertainment, Inc. (Nasdaq: SRM)
An SEC filing revealed more details.
American Ventures LLC has a Dominari board member for its manager Soo J. Yu. FINRA shows that Soo Yu is an employee of Dominari. SEC filings indicates American Ventures to have a Jupiter, Florida address and Soo Yu to be the "manager of the manager and investment manager."
Morningstar reports the company will change its name to TRON, after a reverse merger. The company's press release makes no mention of a name change.
It's clear that more than one Dominari entity is benefiting from the deal and Eric Trump's proceeds could be far more than selling a stinking painting.
The Reds only have scruples when the Blue team is in power (and visa versa). This version of the Insanely Greedy Reds far surpasses prior editions. The epicenter is Mar-a-Lago with secondary shocks arising from Trump Tower.
