Tron Inc. plans to raise $1 billion to expand TRX reserves and fully shift towards a cryptocurrency strategy after the merger

Tron Inc. (formerly SRM Entertainment) plans to raise up to $1 billion through equity and debt instruments to expand its TRX-centered cryptocurrency asset reserves after merging with Sun Yuchen's blockchain project. The company currently holds over 365 million TRX and aims to establish a corporate treasury based on the token. Since June, Tron Inc.'s stock price has surged over 1,300%, reflecting a positive market response. Tron Inc. is becoming one of the few publicly listed companies focusing on altcoins rather than Bitcoin.