On July 24, 2025, Tron Inc. celebrated its Nasdaq debut, announcing a name change and a new strategy following a $100 million reverse merger.
Nasdaq Debut and New Identity
Tron Inc., formerly known as SRM Entertainment, marked its Nasdaq opening with a ceremony, signifying its transition into a prominent player in the blockchain and digital entertainment markets. This event strengthens Tron Inc.'s position as a significant player in the space, influencing market movements and investor interest, particularly towards TRX tokens and related assets.
Growth Strategy and Justin Sun's Appointment
With the new status as a public company, Tron Inc. aims to merge blockchain with global merchandising. A key step in this process is the appointment of influential blockchain figure Justin Sun as Global Advisor, who will drive future growth and innovation for the company.
Market Impact and Expected Changes
The opening on Nasdaq positively impacted TRX tokens, which experienced a price increase, linking this to Tron Inc. now being the largest public holder of these tokens. This event also affects DeFi apps and USDT flows on the Tron network, indicating potential accumulation patterns among institutional investors. Historical data show that stock market debuts following reverse mergers often lead to significant price and trading volume spikes.
With a focus on blockchain integration and potential regulatory responses, market participants are eagerly awaiting further news from Tron Inc. regarding the company's development and strategy.
