Odaily Planet Daily News According to SEC filing, Sun Yuchen's father, Sun Weike, gained control of the publicly listed company SRM Entertainment through a PIPE transaction worth $100 million in TRX tokens, which 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 executives from Tron 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. The new company plans to follow MicroStrategy and hold up to $210 million in TRX as strategic assets. (CoinDesk)