BiyaPay analyst: Justin Sun Tron's SRM soared 9 times after backdoor listing in the US stock market. BiyaPay users can easily make a fortune by trading SRM with USDT!
On June 17, Beijing time, on the evening of June 16, the crypto market welcomed a big news: Justin Sun's Tron project will soon land on the US stock market through a reverse merger with Nasdaq-listed SRM Entertainment. The Financial Times reported that the transaction was handled by Dominari Securities, an investment bank with close ties to the Trump family. SRM subsequently announced that it had signed a $100 million investment agreement with private investors and launched a treasury allocation strategy around TRX.
After the announcement, SRM's stock price soared by more than 900% during the day, and finally closed up 526%, becoming the biggest dark horse in the US stock market that day. TRX also rose simultaneously, with a 24-hour increase of more than 2.5%.
Even more striking is that SRM will be renamed Tron Inc, and Justin Sun will serve as a consultant to the company, marking Tron's official "turnaround" into Wall Street. The total amount of this transaction is expected to be as high as $210 million, which can be called a landmark event in the integration of crypto projects and traditional capital markets.
Taking advantage of the policy of "embracing crypto" after Trump's victory, Justin Sun successfully "rebounded" and deepened his cooperation with Trump's second son Eric Trump. The outbreak of SRM also provides ordinary investors with short-term layout opportunities.
At BiyaPay, users can use USDT to trade US stocks in real time without applying for an offshore account, participate in hot concept stocks such as SRM at the first time, capture market opportunities, quickly deposit funds, and be safe and convenient.
Grasp the policy direction and capture the market explosion point at BiyaPay. Invest in US stocks with USDT and never miss the next outlet. #Tron #JustinSun