The founder of the blockchain ecosystem #Tron Justin Sun held a personal meeting with Bo Hines — the executive director of the U.S. President's Council on Digital Assets and, in essence, one of the main crypto architects in the White House. Sun reported this on X (Twitter), noting that the main topic of the dialogue was how TRON and Web3 infrastructure can enhance U.S. leadership in the global digital economy.
According to Sun, support from Hines and his team for the GENIUS Act initiative has been a true booster for advancing sound and flexible crypto regulation. He also separately thanked the Digital Sovereignty Alliance for bringing this discussion out of the depths of Telegram chats and Reddits — to the level of lawmakers.
«It was an honor for me to meet with Bo Hines and discuss how TRON and blockchain in general can strengthen the dominance of the United States in the digital economy. His support for the GENIUS Act helped advance the much-needed progress in crypto legislation,» wrote Sun in a post.
In the crypto community, the meeting sparked lively reactions — X (Twitter) users widely noted that TRON is actively storming government structures, demonstrating a real strategy for expansion. Many are confident that with the right political emphasis, TRON will gain a significant advantage in the ecosystem race, and the token $TRX will provide a new impetus for growth amid the hype.
Analysts agree that TRON's political rapprochement with the administration and potential integration into the White House's digital strategy could be a fundamental catalyst. The TRON network has long established itself as a high-performance blockchain, but now it has a chance to become part of the government crypto narrative.
Bo Hines himself is a rising star of the Republican Party, a former congressional candidate, and a trusted associate of Donald Trump. In his new role, he is expected to pave the way for crypto-friendly regulations and dismantle the stringent measures enacted during the Biden administration.
In his first month in office, Hines has already held about 50 meetings with key figures in the crypto scene — among them Ripple CEO Brad Garlinghouse, as well as star partners from the venture giant Andreessen Horowitz: Chris Dixon and Marc Andreessen.
TRON is going public: a $100M deal with SRM and a crypto treasury in the style of Michael Saylor.
While some are building bridges with regulators, TRON is simultaneously rolling out a financial strategy on both the crypto and traditional markets. Justin Sun announced that TRON plans to go public in the US through a reverse merger with the publicly traded company SRM Entertainment — a manufacturer of souvenirs and toys.
On June 19, SRM confirmed the deal, revealing details: TRON is entering with an equity investment of $100 million, while the company will additionally issue preferred shares and warrants, increasing the total transaction value to $210 million. At the time of the deal, SRM had about 17.2 million common shares outstanding.
Moreover, SRM will change its name to Tron Incorporation, and Sun will become a strategic advisor to the company. The funds raised will go towards forming the TRON Treasury — an analogue of a corporate Bitcoin treasury following Michael Saylor's methodology. Now, essentially, TRON is launching its own version of Strategy, but with TRX at its core, not $BTC .
After the announcement of the SRM paper, there was a surge of +460% in one day, with a market capitalization exceeding $140 million. This is a clear signal to the market that Sun knows how to build blockchain and orchestrate financial short squeezes out of thin air.
Against this backdrop, rumors began to circulate in the media that someone from the Trump family might be involved in the deal with TRON. Eric Trump, the president's son, responded with a post stating that he is not participating in the deal, but respects both the project and its creator.
«I am the biggest fan of TRON,» he wrote.
He also added that he considers Justin Sun an icon of the crypto space and a true visionary of the industry.
