ChainCatcher message, influenced by the news that 'SRM Entertainment received a $100 million investment from Tron and plans to rename itself to Tron Inc', the stock price of SRM Entertainment (SRM) has continued to rise, currently reported at $9.38, an increase of 546.91%.
According to previous news, SRM plans to rename itself to Tron Inc and has signed a $100 million equity financing agreement to initiate the TRX treasury strategy. Tron is expected to achieve a listing through a reverse merger with SRM Entertainment, with the deal being managed by the boutique investment bank Dominari Securities, based in New York, which has ties to Donald Trump Jr. and Eric Trump, and mimicking the strategy of purchasing and holding Tron tokens (TRX) like Strategy (formerly MicroStrategy).