On June 16, 2025, the price of the TRON (TRX) token increased by approximately 9%, reaching around $0.3 after the FT published news about the possible listing of the project on an exchange in the United States. According to the source, Tron plans to become a public company through a reverse merger with SRM Entertainment, which is associated with the investment bank Dominari Securities, linked to the sons of Donald Trump. The deal involves an investment of $210 million in digital assets and the issuance of warrants for 220 million shares at a price of $0.5 — potentially raising up to $210 million. After the announcement, SRM shares surged by more than 500%, but then pulled back to a rise of approximately 440%, with a market capitalization of $156.4 million. In the past, Sun and his associated companies have faced regulatory claims from the SEC for unregistered offerings of TRON tokens and market manipulation. This news increases interest in TRX, although investors should consider regulatory risks and potential price fluctuations.
