Justin Sun’s crypto investment pays off – Tron to IPO in USA
Last Updated on 18 June 2025 by CryptoTips.eu
Scandal and disgrace according to the international media now that the American government is dropping its investigation into Tron, the crypto company of Chinese magnate Justin Sun, and granting him an IPO instead.
Sun invested heavily in Donald Trump’s various crypto companies last year and now seems to be reaping the rewards of that investment. The Financial Times and The Guardian found it slightly less funny.
Tron
Early December last year, I advised all readers of this site to bet on Justin Sun, the flamboyant founder of the Tron blockchain, in 2025. He had invested heavily in the various crypto companies of American President Donald Trump.
Sun continued this behavior in January and bought the memecoin Trump in large numbers.
Last month, Sun publicly showed his watch with the Donald Trump logo worth $100,000. He had won it during a private dinner at Trump’s golf club in Virginia.
Sun earned that recognition by spending $20 million on the crypto memecoin Trump, which earned him first place among 220 buyers of the token who received an invitation to a dinner.
Trump seems to have paid back all those favors, because thanks to a partnership with Dominari Securities, a New York bank that both Donald Trump Jr. and Eric Trump advise, Sun’s company can soon prepare for an IPO in the United States.
Given the interest of Americans in crypto and the good relationship between Trump and Sun, that will likely become a success.
