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Tron Looks to go Public in the U.S., Form Strategy Like TRX Holding Firm: FT

June 16, 2025
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Tron, the blockchain founded by billionaire Justin Sun, is looking to go public in the U.S., the Financial Times reported on Monday.

Tron will go public via a reverse merger with Nasdaq-listed SRM Entertainment, the report said, citing people familiar with the matter. The deal is being managed by Dominari Securities, an investment firm with ties to the Trump family, the report added.

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The new firm will buy and hold Tron's TRX

TRX$0.27983, similar to Michael Saylor-led bitcoin BTC$106,648.28 holding firm Strategy (MSTR).

TRX jumped nearly 4% to 28 cents after the FT report was published.

Tron did not immediately respond to CoinDesk's request for comment.

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Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved