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Tron Goes Public via SRM Merger, TRX Price Soars

6/16/2025

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Story summary
  • Tron is set to go public in the U.S. through a reverse merger with SRM Entertainment, supported by Dominari Securities.
  • Tron Inc. will acquire up to $210 million in TRX tokens to enhance its crypto assets.
  • Following the announcement, TRX's price increased by 2.3%, with trading volume surging 220%.
  • Justin Sun has formed closer connections with the Trump family, including Eric Trump joining the executive team.
  • The SEC halted a fraud investigation into Sun's companies four months before this news.