๐จ TRON to Go Public? $210M Merger Deal Sparks Wall Street Buzz!
In a blockbuster revelation, Bloomberg reports that Tron ($TRX) is all set to go public โ not through an IPO, but via a reverse merger with SRM Entertainment.
And guess whoโs organizing the deal? Itโs Dominari Securities โ a low-profile New York-based investment bank with ties to Donald Trump Jr. and Eric Trump.
Here's What We Know:
Tron is merging with: SRM Entertainment
Deal Organizer: Dominari Securities
Investment Size: Up to $210 million in token assets
Strategic Play: This move could bring TRX to traditional markets, integrating crypto deeper into legacy financial systems.
Why This Is Big:
A major Layer 1 blockchain stepping into public markets is unprecedented.
Ties with Trump-linked finance circles could trigger political traction โ especially ahead of the U.S. elections.
This could be a Web3 to Wall Street bridge, giving institutional investors indirect exposure to TRON.
What's Next?
If the deal closes smoothly:
TRON could become the first major blockchain project to go public via traditional stock market access.
It opens the door for other crypto foundations to follow suit.
But eyes are now on how regulators will react โ and whether this Trump-linked SPAC route will be a shortcut or a showdown.