According to the Financial Times, Tron $TRX has struck a deal with SRM four months after the project settled a conflict with the U.S. Securities and Exchange Commission (SEC). In 2023, the regulator accused the blockchain platform and its creator Justin Sun of offering unregistered securities in the form of XRP tokens and market manipulation.

It is reported that the merger of Tron and SRM is being organized by the American investment bank Dominari Securities, which is associated with the sons of U.S. President Donald Trump. As sources from FT note, the new company will be called Tron Inc. Eric Trump is likely to become the top manager of the firm. The day before the official announcement, Trump hinted at "big news."

Sun actively supports Trump’s policies. Previously, he invested $30 million in the president's family decentralized project World Liberty Financial (WLFI). The founder of Tron also attended a dinner with holders of the meme coin Official Trump (TRUM). There are rumors that the crypto businessman is the largest holder of the politician's "meme" coin. For his active support, the head of the United States presented Sun with a gift in the form of gold watches.$MAGIC $WCT