Tron’s Public Market Debut Signals New Era for Crypto-Trump Alliance
Tron, a blockchain platform for decentralized applications, plans to go public through a reverse merger with SRM Entertainment, a Nasdaq-listed company, in what represents a $210 million transaction orchestrated by Dominari Securities, a boutique investment bank with direct ties to the Trump family.
Under the agreement announced Monday, SRM will rebrand as Tron Inc., with Sun joining as an advisor to the newly formed entity.
The deal follows a familiar playbook in the crypto industry, with the new company planning to hold TRX tokens as treasury assets. This strategy mirrors that of Strategy (formerly MicroStrategy), the business intelligence firm that transformed itself into a Bitcoin holding vehicle under founder Michael Saylor’s…
