Justin Sun Meets Bo Hines – A Strategic Move in the US Cryptocurrency Sector
Tron founder Justin Sun met with Bo Hines, CEO of the President's Advisory Council on Digital Assets at the White House.
In a post on the X platform, Sun explained that the discussion focused on the possibility that TRON and blockchain technology could strengthen the United States’ dominance in the cryptocurrency space. He emphasized the important role of the GENIUS Act in promoting important policies for the crypto industry.
Strategic Agenda on Cryptocurrency Policy
“It was a pleasure meeting with Bo Hines to discuss how TRON and blockchain support U.S. leadership in crypto. Your support of the GENIUS Act has created much-needed regulatory momentum in this industry,” Sun shared.
He also thanked the Digital Sovereignty Alliance for mediating these key discussions and supporting the GENIUS Act process.
The exchanges between Sun and Hines have sparked strong interest in the crypto community, especially regarding the impact of the new policy on the future of blockchains in the United States. Analysts say the political backing could boost the growth of the TRON ecosystem, especially altcoins like TRX, which react strongly to news related to the ecosystem.
Positive response from crypto community
Most community members responded positively after the meeting, expecting TRON to make a real breakthrough and have a bullish trend in the short term. Some even saw this as a positive signal towards a major change in the cryptocurrency ecosystem.
Bo Hines – A Prominent Figure in Crypto-Related Politics
Today, Bo Hines, a former U.S. congressional candidate and rising star in crypto politics, has been appointed CEO of the President’s Advisory Council on Digital Assets. The Trump administration expects him to craft crypto-friendly regulations and ease the Biden administration’s controls on the industry.
In just the first 30 days, Hines met with more than 50 industry leaders, including Ripple CEO Brad Garlinghouse and Andreessen Horowitz partners Chris Dixon and Marc Andreessen, creating a vast network of influence.
$100 million investment partnership between Sun and SRM
Justin Sun recently announced plans to take the TRON blockchain platform public in the United States through a reverse acquisition. On Monday, SRM Entertainment, a toy and souvenir company, confirmed that it had agreed to purchase securities from Sun for $100 million. The company plans to issue preferred shares and call options to raise the total value of the transaction to about $210 million. SRM currently owns about 17.2 million common shares.
The company also announced that it would change its name to Tron Incorporation, with Sun serving as a strategic advisor. All profits from the investment will be used to build a TRON cryptocurrency token repository, following the model popularized by Michael Saylor for Bitcoin and now replicated by many other businesses.
Following the announcement, SRM's stock price increased more than 460%, giving the company a market value of $140 million.
Reaction from President Donald Trump's son
Eric Trump has denied rumors that he is getting involved in blockchain project TRON to expand into the U.S. stock market. However, he spoke positively about founder Justin Sun, calling him “TRON’s biggest fan” and “a friend and icon in the crypto world.”
Source: https://tintucbitcoin.com/tron-mo-rong-anh-huong-qua-gap-lanh-dao-us/
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