Tron, led by Justin Sun, plans to go public in the US through a reverse merger with Nasdaq-listed SRM Entertainment, creating Tron Inc.
The new entity will hold up to $210 million in token assets and focus on buying and holding Tron tokens, similar to MicroStrategy's Bitcoin strategy.
Eric Trump is expected to join Tron Inc.'s executive lineup. This move comes four months after the SEC paused a fraud investigation into Sun's companies.
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