Dominari Holdings Inc. announced that its wholly-owned subsidiary, Dominari Securities LLC, served as the exclusive placement agent for a $100 million equity investment for SRM Entertainment, Inc. The transaction included the issuance of 100,000 shares of Series B Convertible Preferred Stock and 220 million warrants.
This deal represents a total potential investment of $210 million upon full warrant exercise. As part of the transaction, Justin Sun, founder of the TRON blockchain, will join SRM as an advisor.
This landmark deal provides substantial capital to SRM and strategically positions Dominari at the forefront of blockchain-driven finance. It underscores growing institutional confidence in blockchain as a foundational layer for global finance and reflects Dominari's mission to connect visionary companies with capital partners.
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