Tron$TRX , the blockchain is looking to go public in the U.S., the Financial Times reported on Monday.

Big News for Tron!

Tron, the blockchain platform founded by Justin Sun, is reportedly gearing up to go public in the US. According to the Financial Times, Tron plans to achieve this through a reverse merger with SRM Entertainment, a company listed on the Nasdaq. What's interesting is that the deal is being handled by Dominari Securities, an investment firm with connections to the Trump family.

If this deal goes through, Tron will create a new firm that will hold its cryptocurrency, $TRX , similar to how Michael Saylor's Strategy holds Bitcoin. Tron will even inject $210 million worth of tokens into this new venture.

The news sent $TRX price soaring, jumping nearly 4% to 28 cents. Meanwhile, SRM Entertainment's shares skyrocketed by 250% to $5.1 in pre-market trading!

What do you think about Tron's plans to go public?