Tron Inc. has successfully completed its merger with SRM Entertainment and is now trading on the Nasdaq exchange. This event marks an important step in the company's goal to expand its influence in the blockchain ecosystem.
Tron Inc.'s Trading Debut on Nasdaq
Tron Inc. is now a public company on the Nasdaq exchange after a reverse merger with SRM Entertainment, a toy manufacturer that provides services to companies like Disney and Universal. Justin Sun, the founder of Tron, rang the Nasdaq bell, stating that this was a 'dream 15 years in the making.'
Current TRX Performance and Predictions
The company holds over 365 million TRX tokens valued at approximately $115 million, making Tron the largest public holder of TRX. After the initial trading, shares of Tron Inc. gained 53.27%, reaching $10.30 per share. Currently, TRX is trading at $0.3149, with analysts predicting a short-term rise towards the $0.33-0.335 range.
Justin Sun's Political Involvement
Justin Sun has been actively engaging in U.S. crypto politics, aligning himself with the Trump-affiliated World Liberty Financial project. He has also become an advisor to WLF, acquiring tokens related to Trump valued at over $100 million.
Tron Inc.'s debut on Nasdaq is a significant milestone for the company and the entire blockchain sector. Justin Sun's active political involvement underscores his ambitions in this area and the intent to strengthen Tron’s market position.
