The cryptocurrency project Tron, created by billionaire Justin Sun, is planning to go public in the US following a successful presence in the market and overcoming investigations.
Plans for Market Entry
According to the Financial Times, Tron (TRX) intends to go public through a reverse merger with SRM Entertainment, which is listed on Nasdaq. The deal is being orchestrated by Dominari Securities, an investment bank with ties to Donald Trump Jr.
Investments and Strategies
A source familiar with the matter stated that the new company will follow a strategy similar to that of Michael Saylor’s firm, focusing on buying and holding Tron (TRX). Additionally, SRM Entertainment has partnered with Justin Sun for a $100 million investment to implement a Treasury Strategy.
Collaboration with the Trumps
Eric Trump is also expected to join the management team of the new company, which will be named Tron Inc. Justin Sun, as the largest holder of TRUMP tokens, has also made investments in the Trump family’s crypto business.
Tron's public listing underscores the growing interest in cryptocurrencies and their integration with traditional financial systems, linking new projects with prominent political figures.
