Tron Inc., a company listed on Nasdaq through a reverse merger with SRM Entertainment in July, has seen its stock value decrease by 85% since its peak of $12.80 on June 20. In September alone, the stock lost up to 55%, reflecting the general trend of public companies holding digital assets. Stock price

Many years ago, there was an unspoken "get on board" ceremony for blockchain projects - first, you would rush to register a foundation in some offshore location, write "non-profit", "open source", and "transparent" in the white paper, and repeatedly emphasize "community governance" and "distributed autonomy" during roadshows. With the foundation providing endorsement, it seemed legitimate. However, after a decade, you will find a more interesting and realistic trend: foundations are no longer the "orthodox position"; project teams have started to actively embrace corporate structures and even directly include tokens in the financial statements of listed companies. Whether it's Conflux injecting core assets through the Hong Kong-listed company Pioneer Pharma, Tron reverse-merging with the small-cap Nasdaq company SRM Entertainment to rename it "Tron Inc.", or Sui promoting a massive allocation of SUI Tokens for treasury management by a US-listed company, Web3 projects are taking a turn, leveraging traditional capital markets.

Written by: Lawyer Liu Zhengyao In the past year, an increasing number of Web3 projects have begun to "step into" traditional financial markets. Instead of taking the slow lane of an IPO, they are opting for the capital shortcut of backdoor listings and mergers and acquisitions. Whether it is Conflux injecting core assets into the Hong Kong-listed company Leading Pharmaceutical, or Tron using the small-cap Nasdaq company SRM Entertainment to rebrand as "Tron Inc.,” and Sui pushing a U.S. stock company to allocate a massive amount of SUI tokens for treasury management, this round of cryptocurrency projects' "stock market paths" is worth a closer look. The so-called "token-stock linkage" essentially refers to a new valuation realization method for Web3 projects leveraging traditional capital markets. On one side, there is a growing enthusiasm in the token market, while on the other side, the stock market is telling new stories based on themes, involving the project parties, listed companies, and funds in the secondary market.

In the past year, more and more Web3 projects have begun to "enter" the TradFi market. Instead of taking the slow lane of IPOs, they are opting for the capital shortcut of shell mergers and acquisitions. Whether it is Conflux injecting core assets into the listed Hong Kong company Pioneer Pharma, or Tron using the small-cap Nasdaq company SRM Entertainment to change its name to "Tron Inc.", and Sui promoting the allocation of huge amounts of SUI Tokens by U.S. stock companies for treasury management, this round of crypto world projects' "stock market paths" is worth a closer look. The so-called "coin-stock linkage" essentially refers to a new way of valuation realization for Web3 projects by leveraging traditional capital markets. On one side, the enthusiasm in the token market is heating up, while on the other side, the stock market is telling new stories by leveraging themes. Under the resonance of the project parties, listed companies, and funds in the secondary market, a synchronous surge in coin prices and stock prices occurs in a short period. Taking Tron as an example, it is a reverse merger.

TRON has recently achieved three significant collaborations: completing native integration with MetaMask, promoting T3+ to combat financial crimes, and partnering with Kraken and Backed to introduce tokenized stocks xStocks into the TRON network. (Background: TRON initiated the minting of USD1, marking a new chapter in the stablecoin ecosystem.) (Additional context: Justin Sun aims to list TRON in the United States! TRON's reverse merger with SRM for a rapid IPO, is Trump also involved?) (This article is a sponsored piece, written and provided by Tron, and does not represent the position of the Block, nor is it investment advice, purchase, or sale recommendation. See the end of the article for liability warnings.) Within just a few weeks, TRON has consecutively achieved three major partnerships: completing native integration with MetaMask, providing direct access to the world's largest wallet entrance; promoting the T3 team to combat financial crimes.

The cryptocurrency world is abuzz with news that TRON Inc., a prominent player in the blockchain space, has made a monumental move in traditional finance. Fresh off its Nasdaq listing via a reverse merger with SRM Entertainment, TRON has now filed with the U.S. Securities and Exchange Commission

Sun Yuchen's blockchain platform Tron went public on Nasdaq, acquiring shares in SRM Entertainment through a backdoor listing, with his father Weike Sun as the nominal shareholder. Sun Yuchen invested through 365 million TRX, making a profit of up to 3.8 billion USD, showcasing his arbitrage techniques in the crypto market, and this transaction has attracted attention towards crypto whales.

Tron Inc. successfully log in to Nasdaq through a Reverse merger with SRM Entertainment, turning Sun Yuchen from an SEC defendant into a Wall Street bell-ringer. This event not only marks the gradual integration of encryption assets into TradFi but also reflects the interests connection between Sun Yuchen and the Trump family. Meanwhile, Tron has shown strong performance in areas such as stablecoin payments, and its future development is highly anticipated.

TL;DR Tron Inc. officially joins the Nasdaq, reinforcing its ambitions to merge entertainment and blockchain at scale. Justin Sun, known for bold moves in crypto, led the ceremony in Times Square, signaling a push for broader DeFi adoption. The company, once SRM Entertainment, now combines bloc

On July 17, U.S. stocks related to encryption concepts generally rose, with TRON Inc leading the gains at 53.27%. Other companies such as Sharplink Gaming and Circle Internet also saw significant increases, showing strong overall market performance.

Tron (TRX) is currently reported at 0.3095 USD in the Asian early trading on the 17th, with a daily pump of over 2%. Nasdaq-listed company SRM Entertainment (SRM) announced its name change to Tron Inc. as part of its shift towards the TRX financial strategy.

SRM Entertainment rebranded its ticker to TRON on NASDAQ. The TRX cryptocurrency produces $2 million daily and has over 9 million daily transactions, showcasing significant on-chain utility and long-term growth prospects.

Justin Sun's father took a stake in SRM Entertainment for $100 million TRX, which will be traded on 7/17 under the TRON ticker symbol, transforming from toys and entertainment to crypto money management. SRM shares jumped 53% in a single day, and TRX rose more than 3%. Justin Sun also founded the TRX reserve company and served as a consultant.

SRM Entertainment, Inc. has rebranded as Tron Inc. and will trade under the ticker "TRON." This shift reflects a focus on managing a treasury of TRX tokens. The company claims to hold over 365 million TRX, experiencing significant stock price increases due to this strategy.

TRON is starting to heat up again this week, with the TRX price climbing closer to a major breakout zone. At the same time, some big moves behind the scenes, especially from SRM Entertainment, are putting the spotlight back on the TRON ecosystem. According to BSC News, SRM just launched a

SRM Entertainment has successfully staked 365,096,845 TRX on JustLend, achieving up to 10% annual returns. Following a $100 million investment in TRON strategy, the company appointed Weike Sun as Chairman and plans to rename to TRON Inc. to focus on blockchain and digital assets.

According to Deep Tide TechFlow news, on June 30, US stock market cryptocurrency concept stocks generally rose. Hut 8 Corp(HUT)rise 1.53%, reported at 17.93 dollars Coinbase Global(COIN)rise 1.44%, reported at 358.52 USD Riot Platforms(RIOT)rise 2.37%, priced at 10.80 dollars Robinhood Markets(HOOD)rise 4.36%, priced at 86.65 USD Strategy(MSTR) rise 0.66%, reported at 386.43 USD MARA Holdings(MARA)rise 1.60%, reported at 15.27 USD Sharplink Gaming(SBET) rise 2.05%, reported at 9.55 USD SRM

TRON, as a gold sponsor, made an appearance at the Istanbul Blockchain Week (IBW2025), deepening its strategic layout in Turkey and the Middle East. This participation not only demonstrates its long-term commitment to the Turkish market but also promotes the popularization and application of blockchain technology in the region. (Background: Sun Yuchen aims to list TRON in the United States! TRON's Reverse merger with SRM for a quick IPO, is Trump involved?) (Additional context: Surpassing Ethereum! TRON's on-chain USDT issuance surpasses 75 billion, Sun Yuchen builds a stablecoin powerhouse) (This article is an advertorial, written and provided by TRON, and does not represent the position of BlockTempo, nor is it investment advice, buying or selling recommendations. See the end of the article for responsibility disclaimer.) Recently, TRON appeared at the Istanbul Blockchain Week (IBW2025) as a gold sponsor, making it the most influential Web3 industry event in Turkey.

Recently, TRON has once again brought heavy news, cooperating with Nasdaq-listed company SRM Entertainment (referred to as SRM) to achieve a reverse merger and get listed on the mainstream capital market in the United States. Meanwhile, the listed company will emulate the "Bitcoin MicroStrategy" model and launch the "TRX MicroStrategy" plan, listing TRX as a reserve asset on the company's balance sheet and initiating a large-scale "buy buy buy" coin hoarding model. Due to this positive news, in the past 10 days, the stock price of SRM company (SRM) rose from an initial $1.18 to a maximum of $12.8, more than a tenfold increase. For TRON, successfully logging into the US stock market means it has officially entered the mainstream capital market in the United States, gaining broader development space and resources. The launch of the "TRX Micro Strategy" plan further provides a compliant and legal way for listed companies to purchase TRX.

According to Mars Finance, on June 20, the US-listed company SRM Entertainment (SRM) saw its rise expand to 44.63%, with a market capitalization reaching 195 million USD. Previously, TRON planned to go public through a reverse merger with SRM Entertainment, and TRON is expected to inject up to 210 million USD in token assets into the new company. Currently, the total market capitalization of TRON is 26.066 billion USD.

Justin Sun, founder of TRON, met with Bo Hines at the White House to discuss TRON's role in strengthening US digital asset policy. Sun endorsed the GENIUS Act and announced plans for TRON to go public via a reverse merger with SRM, boosting its market value significantly.

TRON (TRX) rebounds to retest breakout zones, showing bullish strength with a rounded base pattern and potential for a $0.3100 target. A $210M reverse merger with Nasdaq-listed SRM propels TRON into a wider market, signaling institutional interest and strategic growth. TRON's multi-year

Tron's move to go public through its merger with SRM Entertainment has sparked controversy due to potential conflicts of interest involving the sons of President Donald Trump. In a recent statement, Trump's sons mentioned that although they are fans of Tron founder Justin Sun, T

SRM Entertainment’s stock price has gone parabolic, surging as much as 580% in just days after the company announced a reverse merger with blockchain heavyweight Tron, led by the ever-controversial Justin Sun. The move, which will see SRM rebrand as Tron Inc. and implement a $100 million TRX

In an unexpected twist that caught financial markets off guard, shares of SRM Entertainment Inc., a company listed on Nasdaq, skyrocketed by over 700%, while the price of Tron (TRX) surged by more than 9%. The dramatic moves have raised eyebrows across the investment world and sparked intense

Jessy, Golden Finance On June 16, the British Financial Times reported that TRON has reached a reverse merger agreement with Nasdaq-listed company SRM Entertainment. SRM Entertainment announced on June 16 that it had signed an agreement with private investors to leverage 1

Story Highlights SRM Entertainment Inc. spikes approximately 700% to $10.84, While the Tron price advances over 9% to $0.29. Eric Trump is rumored to assist, but later clarified his involvement is zero. The plus point for Tron in this deal is that they get to utilize a $100 million equity

HomeNews Eric Trump denies involvement in Tron‘s planned Nasdaq listing through SRM Entertainment. Trump sits on the advisory board of Dominari Securities, the investment bank handling the deal, but says he has “no public involvement.” Tron founder Justin Sun aims to take Tron public by merging

Key Notes The surge follows the announcement of Tron Group's reverse merger with SRM Entertainment. SRM Entertainment’s stock price surged by 533.79% during Monday's trading session, closing at $9.19. Tron Group is set to go public in the US via a reverse merger with Nasdaq-listed SRM Entertain

Eric Trump has publicly denied any role in Tron’s proposed reverse merger with SRM Entertainment. This follows reports that he would hold an executive position in the newly formed entity. Details of The Deal On Monday, a Financial Times article claimed that Tron is preparing to go public in the

Trump family enters the mobile communication business! Trump’s son announced the establishment of Trump Mobile yesterday (16th) in New York, and is about to launch its first phone, the T1 Phone, featuring a monthly fee of $47.45 through "The 47 Plan", with no contract and made in the USA. (Background: Sun Yuchen aims to list TRON in the US! TRON's reverse merger with SRM for a quick IPO, is Trump also involved?) (Additional context: Trump's latest financial report: Last year, he made a whopping $57.35 million from WLFI, not only from Crypto Assets but also profiting from merch.) The Trump family officially ventures into the mobile communication industry! His sons Donald Trump Jr. and Eric Trump announced the establishment of Trump Mobile in New York on the 16th, marking the Trump family's latest move to shake up the US telecom industry after a decade: with "The 47 Plan" monthly.

Justin Sun ( is preparing to list his blockchain platform Tron in the US through a reverse merger, directly acquiring a 100 million USD equity stake in SRM with TRX, and establishing a holding company dedicated to holding TRX tokens. Justin Sun's father, Weike Sun, has been appointed as the chairman of the board and is the sole investor in this case. SRM surged 533% yesterday in response to this news. )Tron plans to go public in the US, creating a holding company model for TRX similar to MicroStrategy( Investing 100 million TRX in SRM The toy and related items manufacturer SRM Entertainment Company stated in its report submitted to the SEC that it has reached a securities purchase agreement with a "private investor" for a $100 million equity investment. Headquartered in Florida, SRM Entertainment Company will change its name.

Tron is acquiring SRM Entertainment in a $100M equity deal that may serve as a reverse merger to take Tron public in the U.S. SRM will be renamed Tron Inc, and Justin Sun will join as an adviser, reflecting a major rebranding shift. The deal brings political and regulatory attention, especially d

The Financial Times broke out last night that TRON plans to list in the United States by way of a reverse merger, and it is rumored that Trump's second son, Eric Trump, will become a senior executive. However, Eric immediately denied it, but it did not affect SRM Entertainment's stock price to soar more than 5 times in a single day. (Synopsis: Justin Sun wants TRON to be listed in the United States!) TRON reverse merger SRM rapid IPO, Trump also has a share? (Background added: Justin Sun shouted: How about I push a TRX version of the microstrategy? The Financial Times reported on June 16 that Justin Sun's Tron is in talks with Nasdaq-listed SRM Entertainment for a reverse merger, with the goal of merging and renaming the new company Tron

Sun Yuchen's Tron is seeking to go public through a Reverse merger with SRM Entertainment, and will be renamed Tron Inc. after the transaction. With the shift in encryption policies, Sun Yuchen's relationship with the Trump family has grown closer, allowing him to rise rapidly in the Capital Market. This change marks his successful comeback from past regulatory pressures, showcasing a transformation of an era and new financial opportunities.

Headline Financial Times: Sun Yuchen's blockchain Tron will seek to go public in the United States. According to the Financial Times, after the suspension of investigations by US regulatory agencies, the blockchain Tron, led by Justin Sun, will seek to go public in the US. According to two insiders, Tron will go public through a reverse merger with NASDAQ-listed company SRM Entertainment, a deal orchestrated by Dominari Securities, a boutique investment bank based in New York, which is linked to Donald Trump Jr. and Eric Trump. One insider stated that the newly formed joint venture will purchase and hold TRX, following the strategy of Strategy (formerly known as MicroStrategy). The insider added that Eric Trump is expected to serve in the company named Tron Inc. The deal will involve T

SRM Entertainment announces a $100 million equity investment and rebranding to “Tron Inc.” to implement its TRON (TRX) coin reserve strategy, with Justin Sun as advisor and plans for TRX staking and dividend distribution.

Tron, founded by Justin Sun, is planning a U.S. public listing via a reverse merger with SRM Entertainment. This move has prompted a surge in TRX token prices and SRM shares. Despite reported ties to the Trump family, Eric Trump denied involvement with the new firm.

Tron (TRX) is gaining momentum as the network prepares to go public through a reverse merger worth 210 million USD with SRM Entertainment on Nasdaq. This move has pushed the price of TRX up by 10% and positioned Tron Inc. in a MicroStrategy-like model by holding a large amount of TRX on its balance sheet.

Trump’s wealthiest dinner guest eyes US stock market IPO originally appeared on TheStreet. The Tron crypto project reportedly wants to go public in the U.S. through a reverse merger with Nasdaq-listed SRM Entertainment. This will give the new company, Tron Inc., up to $210 million in token

According to the Financial Times, Justin Sun's TRON is seeking to go public in the United States. Sources reveal that TRON plans to list through a reverse merger with the Nasdaq-listed company SRM Entertainment. If successful, the newly merged company will be renamed Tron Inc., becoming the first publicly traded company in the U.S. dedicated to holding TRX. (Background: Surpassing Ethereum! The issuance of USDT on the TRON blockchain has exceeded 75 billion, with Justin Sun creating a stablecoin giant.) (Additional context: Justin Sun suggests: How about I promote a TRX version of MicroStrategy? TRON's price drops 25%, ending the bullish trend.) According to the Financial Times, Justin Sun's blockchain project TRON plans to seek a U.S. listing through a reverse merger!

In a significant move within the cryptocurrency sector, Tron Inc., the parent company behind the TRX cryptocurrency, has revealed its plans to transfer a substantial amount of TRX tokens to its treasury. This strategic decision highlights Tron’s commitment to maintaining liquidity and stability in a

The blockchain project Tron is preparing to go public in the United States through a reverse merger and will establish a holding company specifically for holding TRX tokens, similar to MicroStrategy's strategy of holding Bitcoin. This plan not only relates to companies listed on Nasdaq but also involves the financial power and direct participation of the Trump family. Backdoor Listing: Tron locks in SRM Entertainment for the listing operation According to the Financial Times, Tron is preparing for a backdoor listing with Nasdaq-listed SRM Entertainment, thereby indirectly achieving a public listing in the United States. The deal was led by Dominari Securities, an investment firm close to the Trump family. This will allow Tron to enter U.S. capital markets in a lower-barrier way, eschewing tradition

Author: George Steer, Philip Stafford Source: Financial Times Translated by: Shan Ouba, Jinsuo Caijing The cryptocurrency billionaire Justin Sun's digital asset platform Tron will be listed in the United States, after U.S. regulators suspended the fraud investigations against several of his companies. According to informed sources, Tron will go public through a reverse merger with NASDAQ-listed SRM Entertainment. This transaction is being handled by Dominari Securities, a boutique investment bank based in New York that has close ties to Donald Trump and Eric Trump. One insider said that the new company will adopt a model similar to Strategy (formerly known as

Justin Sun's Tron blockchain group plans to go public in the U.S. through a reverse merger with SRM Entertainment, as announced on Monday.

Tron is going public by merging with SRM Entertainment, bypassing a traditional IPO. Justin Sun will invest $210 million in TRX. Following the news, TRX saw a nearly 5% increase in value.

TL;DR Tron is set to go public in the U.S. through a reverse merger with SRM Entertainment, bypassing a traditional IPO and gaining access to Nasdaq. The company will receive up to $210M in TRX and follow Strategy’s model, accumulating its own token as a strategic reserve. TRX jumped 2.3%