EddieJayonCrypto
16 Jun 25
Billionaire Justin Sun plans to take Tron public through a reverse merger with SRM Entertainment, managed by Dominari Securities. The new company, "Tron Inc.," will adopt a treasury strategy similar to Michael Saylor’s firm but will accumulate TRX tokens instead of Bitcoin. Eric Trump is expected to...
Billionaire Justin Sun aims to take Tron public through a reverse merger with SRM Entertainment, a move planned to occur after US regulatory investigations conclude. The newly formed entity, "Tron Inc.," will implement a treasury strategy focused on accumulating TRX tokens, mirroring the approach popularized by Michael Saylor but targeting Tron’s native currency instead of Bitcoin.
Eric Trump is reported to be poised for a significant role within the company, which will include a substantial $210 million injection of crypto assets. SRM Entertainment has recently secured a $100 million equity investment from a private investor specifically to support this Tron token treasury initiative. Sun will serve as an advisor to SRM Entertainment throughout this process.
The announcement triggered a dramatic surge in SRM Entertainment’s shares, which skyrocketed as much as 647% and remained up 453% at the time of reporting. The deal is managed by Dominari Securities, a boutique investment bank with ties to President Trump’s sons, Donald Jr. and Eric, highlighting the high-profile nature of this endeavor.