EddieJayonCrypto
16 Jun 25
Billionaire Justin Sun plans to take Tron public through a reverse merger with SRM Entertainment, managed by Dominari Securities, linked to Donald Jr. and Eric Trump. The new company, "Tron Inc.," will adopt a treasury strategy accumulating TRX tokens instead of Bitcoin. Eric Trump is expected to ha...
Billionaire Justin Sun intends to take Tron public through a reverse merger with SRM Entertainment after US regulatory investigations conclude. The merger will be managed by SRM Entertainment, which is linked to Donald Trump’s sons, Donald Jr. and Eric Trump.
The new company, named "Tron Inc.," plans to adopt a treasury strategy modeled after Michael Saylor's firm but will accumulate TRX tokens, Tron's native cryptocurrency, instead of Bitcoin. Eric Trump is reported to have a significant role in the company, which will receive a $210 million crypto asset injection as part of the deal.
SRM Entertainment also secured a separate $100 million equity investment from a private investor to support the TRON token treasury strategy. Justin Sun has been named as an advisor to SRM Entertainment to guide this initiative.
The announcement caused SRM Entertainment’s shares to surge dramatically, with increases peaking at 647% early on the trading day and stabilizing around a 453% gain subsequently. This move highlights a growing trend of cryptocurrency projects seeking public market exposure through reverse mergers and innovative treasury management strategies.