š BIG MOVE ON $TRX š
Nasdaqālisted SRM Entertainment has officially rebranded to TronāÆInc., switching its ticker to TRON and pivoting to a TRX-centric treasury strategy ļæ¼. Already holding over 365āÆmillion TRX tokens, the new entity is now the largest publicly traded corporate holder of TRXāand itās staking them via JustLend for up to 10% annual yields ļæ¼.
TRON (TRX) +4% today ā
This weekās catalyst: SRM Entertainment rebrands to Tron Inc., ticker TRON, backed by a massive 365M TRX treasury and staking plan.
Stock reaction: +30ā50% spike.
Long-term angle: Public support for crypto treasuries + staking could fuel broader altcoin momentum.
What happened next?
⢠SRM shares surged 30ā50% intraday on the announcementāand TRX prices jumped +4%, hitting $0.3185ļæ¼.
⢠CEO Rich Miller emphasized TRXās potential as a 24/7 low-cost global payment rail.
Why it matters:
1. Mainstream crypto adoption: This marks a major step for public companies integrating altcoin treasuries.
2. Market confidence: The share rally highlights investor optimism in crypto-treasury and staking strategies.
3. TRX spotlighted: With a corporate whale now public, TRX could attract fresh attentionāand volumes.
š Investor Takeaway
Essential watch: how the newly-formed Tron Inc. manages its TRX treasury, staking returns, liquidity strategiesāand how markets respond. Will this spark a trend of public blockchain treasuries?
Stay sharp and trade wisely š #TRX #TRON #CryptoNews #BinanceSquare #Staking #CryptoTreasury