Dominari Holdings (DOMH.US) stock continues to soar! President Trump's son joins the company's advisory board.

After soaring over 91% on Monday, Dominari Holdings (DOMH.US) surged again on Tuesday morning, initially rising nearly 84% with the stock price hitting a new historical high. However, the gains later narrowed, closing with a 21.1% increase at $7.46. On the news front, Dominari Holdings announced on Tuesday that President Trump's two sons - Donald Trump Jr. and Eric Trump, have joined the company's advisory board. At the same time, Donald Trump Jr. and Eric Trump also participated in Dominari's private financing announced on Tuesday morning. Dominari Holdings stated that it had entered into final securities purchase agreements with certain investors for approximately 1.44 million shares of common stock. Donald Trump Jr. said in a statement, "Artificial intelligence is advancing at an unprecedented pace, potentially revolutionizing industries and companies' operational processes. Using this transformative technology is crucial to the 'America First' agenda. This will require significant capital investment and strategic planning. I look forward to contributing to these discussions at Dominari." Eric Trump also expressed enthusiasm for Dominari's technology focus and emphasized the importance of accelerating data center infrastructure investments to enhance America's global position. CEO of Dominari Holdings, Anthony Hayes, stated the company's plan to enhance shareholder value through direct investments, acquisitions, and operations of artificial intelligence assets with industry professionals. He mentioned that the addition of Donald Trump Jr. and Eric Trump to the advisory board aligns with the company's strategic focus on identifying and capturing investment opportunities in emerging fields. He expected their expertise to play an invaluable role as the company progresses in the expanding areas of AI-driven technology. The CEO of Dominari Securities, a subsidiary of Dominari Holdings, Kyle Wool enthusiastically welcomed the addition of both individuals. He emphasized their immense success in various industries and the potential they bring in providing strategic insights to the company. In a phone interview, Kyle Wool mentioned that he is a personal friend of the Trump family. He stated, "They are both great businessmen, and I believe they are interested in the field of artificial intelligence and data centers. As advisors, they will provide me with helpful guidance." However, when asked if the relationship between new advisors Donald Trump Jr. and Eric Trump and President Trump is related to the company, Kyle Wool replied, "They are friends and advisors. I have no connection with the government."