Breaking: Tron to Enter U.S Markets via Reverse Merger
TRON(TRX) is poised to become the first major altcoin listed on a U.S stock exchange through a reverse merger with Nasdaq-listed shell company (SRM entertainment). The deal orchestrated by Trump-affiliated investment bank-Dominari Securities, will inject $210 million worth of TRX tokens into the new entity-TRON INC, and install Eric Trump in a key management role.
This strategic move bypasses traditional IPO hurdles, accelerating TRX’s entry into regulated markets. Analysts view it as a political masterstroke, leveraging Justin Sun’s(Founder of TRX blockchain platform) recent $ 3o million investment in Trump-backed De-Fi project-World Liberty Financial. The merger is expected to close by Q3 2025 pending SEC approvals.
Market Reactions and Price Surge
TRX surged 5% on merger rumors, briefly overtaking DOGECOIN in market cap.
Current trading hovers at $0.2804
Bullish sentiment dominates with 53%
2025 Price Forecasts
While the merger fuels optimism, price vary sharply:
-Bull Case - Binance projects a short term high to $0.35
-Bear Case -Changelly forecasts a conservative $0.204
-Consensus -Average 2025 targets cluster near $0.56
Investor Takeaways
1. Short-Term: Merger news could push TRX to $ 0.34 by July 2025.
2. Long- Term: A $1 target remains plausible for 2029-2030.
”Tron’s U.S listing is a watershed moment for crypto,” said market analyst Lena Koehler. “But without organic adoption beyond stablecoins, the Trump Card alone isn’t enough.”
Sources: SEC fillings