One of the most talked-about figures in the cryptocurrency field, Sun Yuchen (Justin Sun), has once again pushed himself and his Tron into the hot headlines. Recently, Sun Yuchen's blockchain project Tron is planning to bypass the cumbersome reviews of traditional IPOs and quickly land on NASDAQ in the United States through a 'reverse merger.'
However, the brilliance of this capital drama goes far beyond that. The details of the transaction show that the protagonist in this investment is not Sun Yuchen himself, but his father, who will invest in shares with TRX tokens worth $100 million; even more striking is the fact that the orchestrator of the entire transaction has many intricate connections to the family of former U.S. President Donald Trump. Once the news broke, it triggered a market frenzy, while Trump's second son, Eric Trump, quickly issued a statement to 'cut ties,' staging a scene of 'urgent distancing' that made this political and business combination even more enigmatic.