SRM Launches TRON Treasury Strategy with $100,000,000

Justin Sun – Founder of TRON Blockchain Signs Advisory Agreement with SRM

Winter Park, Florida, June 16, 2025 (GLOBE NEWSWIRE) — SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), announced today that it has entered into a Securities Purchase Agreement (“SPA”) with a private investor for a $100,000,000 equity investment that will be used by SRM to initiate a TRON Token (“TRX”) Treasury Strategy. Along with the strategic investment – Justin Sun, founder of TRON blockchain, has been named as an advisor to the Company.

Pursuant to the terms and conditions of the SPA, the Company will issue an aggregate of 100,000 shares of its Series B Convertible Preferred Stock, convertible into a total of 200 million…

Source link