Justin Sun bets on crypto treasury strategy
On the heels of Circle’s relatively successful initial public offering (IPO), it didn’t take long for another crypto company to step up to the plate and announce its plans to go public on the United States stock market. This time around, Justin Sun, the founder of TRON, announced he would be taking TRON public through a reverse merger with Nasdaq-listed SRM Entertainment ($SRM) (NASDAQ: SRM).
Once the deal is complete, SRM Entertainment will change its name to TRON, and its business…