Dominari Holdings

Overview

Publicly traded financial-services company (Nasdaq: DOMH) whose 2025 advisory agreements and American Ventures management interest connect it to investments in XWELL and Powerus.

A documented financial intermediary between private investors and companies receiving federal awards; distinct from 1789 Capital.

Business overview

Dominari Holdings is a publicly traded financial-services firm with an advisory business and investment-platform interests. SEC filings identify Donald Trump Jr. and Eric Trump as advisers and stockholders.

American Ventures structure

A 2026 SEC-filed corporate statement described American Ventures as managed by American Ventures Management LLC, in which Dominari holds a 90% membership interest. This is a manager-company relationship, not a finding that each Dominari shareholder owns every portfolio company directly.

2026 investments and government awards

A series of American Ventures financed XWELL in February 2026. ProPublica also reported a Powerus investment and a subsequent Air Force contract with an upper potential value of $90 million. Contract ceilings are not amounts paid; no procurement intervention by the Trump sons was established.

Documented relationships

• Donald Trump Jr.

  Joined Dominari advisory board in February 2025; company disclosed equity grants · 2025 · Evidence (documented)

• Eric Trump

  Joined Dominari advisory board in February 2025; company disclosed equity grants · 2025 · Evidence (documented)

• American Ventures

  Holds a reported 90% membership interest in American Ventures Management LLC, the venture platform's manager; distinct legal entities · 2026 · Evidence (documented)

A documented investment, family relationship or federal award does not establish undue influence or illegal conduct. Reported award ceilings are not the same as money paid.

Focused relationship map

View the full interactive relationship map

Related entries

• American Ventures
• Donald Trump Jr.
• Eric Trump
• XWELL
• Powerus
• 1789 Capital

Sources

1. Dominari 2025 annual report — advisory equity and American Ventures management
2. Corporate disclosure of American Ventures management ownership
3. ProPublica — XWELL/Powerus funding and contracts

Source status: SEC filings and organizational records establish the transactions and affiliations described; ProPublica independently reports the federal awards and attributed responses. Where original award files have not been obtained, claims remain attributed.