CoinVoice has learned that, according to a report by Coindesk, Sun Yuchen's father, Sun Weike, gained control of the publicly listed company SRM Entertainment through a PIPE transaction valued at $100 million in TRX tokens, and the company will be renamed Tron Inc. This transaction was arranged by Dominari Securities, associated with the Trump family.
After the transaction is completed, Sun Weike will serve as the chairman of the board, and Tron executives will join the audit, compensation, and nomination committees. Although the transaction does not directly involve Tron DAO, it is seen as an arrangement led by its core management team. The new company plans to emulate MicroStrategy by holding up to $210 million in TRX as a strategic asset. [Original link]