Tron Inc.

-  SRM Launches TRON Treasury Strategy

NEW YORK, June 17, 2025 /PRNewswire/ -- 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).

The transaction, which included the issuance of 100,000 shares of Series B Convertible Preferred Stock and 220 million warrants, represents a total potential investment of $210 million upon full warrant exercise. As part of the deal, Justin Sun, founder of the TRON blockchain, will join SRM as an advisor.

TRON is the native cryptocurrency of the TRON blockchain, founded by Justin Sun in 2017.  TRON supports smart contracts and decentralized applications with an emphasis on low-cost, high-speed transactions, particularly for stablecoin transfers like USDT.

"This landmark deal not only provides substantial capital to SRM but also strategically positions Dominari at the forefront of blockchain-driven finance," said Anthony Hayes, CEO of Dominari Holdings. "The proceeds will enable SRM to initiate a TRON Token ("TRX") Treasury Strategy and capitalize on the accelerating global adoption of blockchain and digital assets. TRON is recognized by many as one of the most innovative forces in blockchain technology, and this transaction underscores growing institutional confidence in blockchain as a foundational layer for global finance. We are honored to have facilitated this high-impact equity investment, which bridges traditional finance with next-generation digital asset strategies and reflects our mission to connect visionary companies with capital partners who share their ambition."

For additional information about the transaction, please see SRM's official press release at https://srmentertainment.com/srm-launches-tron-treasury-strategy-with-100000000-equity-investment/ 

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/ 

Dominari Securities LLC's Mission Statement:

Dominari Securities LLC, a principal subsidiary of Dominari Holdings Inc., is a dynamic, forward-thinking financial services company that seeks to create wealth for all stakeholders by capitalizing on emerging trends in the financial services sector and identifying early-stage future opportunities that are expected to generate a high rate of return for investors.

Securities Brokerage and Registered Investment Adviser Services are offered through Dominari Securities LLC, a Member of FINRA, MSRB and SIPC. Securities brokerage, investment adviser and other non-bank deposit investments are not FDIC insured and may lose some or all of the principal invested. You can check the background of Dominari Securities and its registered investment professionals and review its SEC Form CRS on FINRA's BrokerCheck site at https://brokercheck.finra.org. Information for Dominari Securities LLC and its registered investment professionals as well as its SEC Form CRS may also be found on FINRA's BrokerCheck site.

About SRM Entertainment, Inc.

SRM Entertainment designs, develops, and manufactures custom merchandise which includes toys and souvenirs for the world's largest theme parks and other entertainment venues. Many of SRM's creative products are based on award winning multi-billion-dollar entertainment franchises that are featured in popular movies and books. SRM products are distributed worldwide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts – SeaWorld, Six Flags and other attractions. SRM's products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. SRM's design team developed specialty dolls, plush and toys for one of New York City's landmarks that features a popular holiday show. SRM's design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM's exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, which include but are not limited to the Risk Factors set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 relating to its business. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contacts:

Dominari Holdings Inc.

https://www.dominariholdings.com/

Investor Relations

Hayden IR

Brett Maas, Managing Partner

Phone: (646) 536-7331

Email: brett@haydenir.com

www.haydenir.com 

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SOURCE Dominari Holdings Inc.