Justin Sun wants to take TRON public in the U.S.! Tron rapid IPO through reverse merger with SRM, is Trump involved too?

According to reports from the Financial Times, Justin Sun's Tron is seeking to go public in the United States. Sources reveal that Tron plans to go public through a reverse merger with Nasdaq-listed SRM Entertainment. If successful, the newly merged company will be renamed Tron Inc., becoming the first publicly listed company in the U.S. dedicated to holding TRX. (Background: Surpassing Ethereum! The issuance of USDT on the Tron blockchain has exceeded 75 billion, with Justin Sun creating a stablecoin dominance) (Additional background: Justin Sun says: How about I promote a TRX version of MicroStrategy? Tron falls 25% as the rally fizzles out) According to reports from the Financial Times, Justin Sun's blockchain project Tron plans to seek a public listing in the U.S. through a reverse merger! The report cites sources who reveal that Tron will go public through a reverse merger with Nasdaq-listed SRM Entertainment, and if successful, the new company Tron Inc. will become the first publicly listed company in the U.S. dedicated to holding TRX. The terms for the reverse merger directly through Nasdaq indicate that Tron plans to inject up to $210 million worth of TRX, while SRM will issue Series B convertible preferred shares and warrants. The report quotes sources stating that the reverse merger can save the complicated reviews of a traditional IPO and could be completed in the third quarter of this year at the earliest. It is also reported that the operator Dominari Securities has close ties with the Trump family, which has quickly attracted Wall Street's attention to this plan. Since the Trump administration took office in January, the SEC has suspended the civil fraud litigation against Justin Sun. Additionally, sources have revealed that Eric Trump will join the senior management of Tron Inc., with Justin Sun becoming an advisor to SRM, aiming to reduce regulatory sensitivity. Justin Sun stated, "This deal will bring TRX to the main stage of Wall Street." The capital markets reacted immediately after the Financial Times report was released, with TRX quickly rising nearly 4% to $0.28; the latest quote shows TRX trading around $0.2803. SRM also once surged 250% to $5.1 in pre-market trading, with trading volume increasing tenfold. The market regards Tron Inc. as a "TRX treasury" concept stock, similar to the model of MicroStrategy holding Bitcoin, providing investors who do not want to directly touch cryptocurrencies but want to participate in price fluctuations with another option. SRM stock price. Source: Google Finance Can it replicate the Strategy myth? According to public data, Tron has registered over 310 million accounts on its blockchain, with an average daily on-chain transfer amount reaching $20 billion, focusing on stablecoins and cross-border payments. Tron Inc. plans to convert the income generated from holding and staking TRX into dividends linked to performance, attracting investors seeking cash flow. However, experts warn that while reverse mergers save time, the subsequent disclosure obligations and regulatory tests remain severe; changes in the political climate or the SEC restarting investigations could affect stock prices and on-chain confidence. Related reports: Tron starts minting USD1, opening a new chapter in the stablecoin ecosystem. Justin Sun promotes financial freedom at the Token2049 summit, Tron partners with USD1 to reshape the global financial ecosystem. The SEC suspends litigation against Justin Sun and the Tron Foundation, is a settlement imminent? "Justin Sun wants to take TRON public in the U.S.! Tron rapid IPO through reverse merger with SRM, is Trump involved too?" This article was first published on BlockTempo (the most influential blockchain news media).