Dominari Holdings, an investment bank based in Manhattan's Trump Tower, reported a 452% revenue jump in its first full quarter since adding Donald Trump Jr. and Eric Trump to its advisory board. The bank's total revenue reached $34 million, up from $6.17 million a year earlier. Dominari has been involved in several deals with the Trumps and their allies, including a $100 million investment in SRM Entertainment and a $220 million equity offering for American Bitcoin Corp. Shares of Dominari rose 1.7% to $5.42.
Dominari Holdings, an investment bank headquartered in Manhattan's Trump Tower, has reported a remarkable 452% increase in revenue for its first full quarter since adding Donald Trump Jr. and Eric Trump to its advisory board. The bank's total revenue reached $34 million, a significant leap from $6.17 million in the same period last year [2].
The surge in revenue can be attributed to several high-profile deals involving the Trump family and their allies. One notable transaction was a $100 million equity investment in SRM Entertainment, which rebranded as Tron Inc. and pivoted to accumulating TRX, the virtual token that backs Justin Sun’s Tron network [2]. Additionally, Dominari acted as a placement agent for a $220 million equity offering for American Bitcoin Corp., a cryptocurrency company in which the Trump sons are investors [2].
Dominari's stock has also seen a significant rise, with shares climbing 1.7% to $5.42. The company's Chief Executive Officer, Anthony Hayes, and President, Kyle Wool, received stock options worth $26.1 million as of June 30, according to SEC filings [1].
The investment bank has positioned itself as a significant player in the digital asset sector, with a focus on AI and data center investments. The company's transformation is evident in its monthly revenue progression, with June 2025 alone generating $20 million, exceeding the entire 2024 annual revenue of $18 million [4].
References:
[1] https://www.marketscreener.com/news/dominari-posts-soaring-revenue-after-eric-and-donald-trump-jr-join-board-ce7c51dada89ff26
[2] https://www.bloomberg.com/news/articles/2025-08-12/investment-bank-dominari-quintuples-revenue-after-trumps-join
[3] https://news.bloomberglaw.com/capital-markets/investment-bank-dominari-quintuples-revenue-after-trumps-join
[4] https://www.stocktitan.net/news/DOMH/dominari-marks-inflection-point-with-second-quarter-2025-financial-5sywrecpoyqq.html
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