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A firm linked to Tron and Justin Sun will go public via reverse merger
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Plans to acquire and hold $210M worth of TRX as part of its strategy
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Eric Trump is expected to join the leadership team
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Follows SEC fraud case pause and closer ties to Trump family
Tron Inc. Targets U.S. Listing via SRM Merger
A company linked to the Tron blockchain and its founder Justin Sun plans to go public in the U.S. through a reverse merger with Nasdaq-listed SRM Entertainment. The deal was arranged by Dominari Securities, a firm reportedly connected to Donald Trump Jr. and Eric Trump.
Corporate Model Mirrors MicroStrategy
The new firm, Tron Inc., aims to use a treasury strategy similar to that of MicroStrategy, starting with a $210 million acquisition of TRX, the native Tron token. It intends to serve as a corporate vehicle to accumulate and hold TRX long-term.
Eric Trump Expected to Join Leadership
According to the Financial Times, Eric Trump is likely to take a leadership role in the new company, further linking the Trump family to the digital asset space. This move follows Justin Sun’s $75 million investment in Trump-affiliated DeFi venture World Liberty Financial.
Regulatory Backdrop Shifts Under Trump Administration
Sun had previously faced SEC charges related to securities violations, but regulators agreed in February to pause the case amid changing policy direction under President Trump. The new administration’s friendlier crypto stance appears to be fueling a resurgence in blockchain-linked U.S. public listings.