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Key Takeaways:
- Tron Group is set to go public in the U.S. via a reverse merger with Nasdaq-listed SRM Entertainment, rebranding as Tron Inc. and launching a $210 million crypto reserve.
- Eric Trump will assume a leadership role in the new entity, solidifying ties between Tron founder Justin Sun and the Trump family amid renewed political and financial collaboration.
The Tron Group, led by billionaire crypto entrepreneur Justin Sun, is reportedly preparing to go public in the United States—just four months after the U.S. Securities and Exchange Commission (SEC) paused its enforcement action against the company and its founder.
According to a report by the Financial Times, Tron Group will sidestep the traditional IPO route and instead pursue a reverse merger with Nasdaq-listed SRM Entertainment. The strategic move will see the rebranded entity, “Tron Inc.,” debut on the public markets while simultaneously establishing a $210 million Tron Reserve comprising primarily of TRX token assets.
Dominari Securities and Trump Ties
The reverse merger will be facilitated by Dominari Securities, a boutique investment bank with strong connections to the Trump family. In a move that is sure to generate political buzz, Eric Trump, son of former U.S. President Donald Trump, is set to assume a leadership role in the soon-to-be-listed Tron Inc.
Sun’s increasingly public alliance with the Trump family has drawn both attention and criticism. His participation in a May “Trump Memecoin” dinner coincided with a staggering 3,000% spike in the TRUMP memecoin within a single day—largely attributed to backing from Sun and a host of international crypto whales.
Mirroring Strategy’s Bitcoin Playbook
Sources close to the matter indicate that Tron Inc. aims to emulate the playbook of Strategy (formerly MicroStrategy), which is known for its aggressive Bitcoin accumulation. Tron’s version will center around the TRX token, positioning it as a reserve asset to support the company’s long-term treasury operations.
This strategy aligns with broader trends in the crypto industry, where digital assets are increasingly seen as balance sheet staples by forward-looking firms. With Circle’s IPO already completed and Gemini having filed its own S-1 registration with the SEC, Tron Inc.’s entry into public markets adds to the momentum of crypto-native companies entering Wall Street.
USDD1 and the WLFI Partnership
Sun’s crypto ambitions have also extended to World Liberty Financial (WLFI), a Trump-backed financial initiative. The Tron Group reportedly invested $75 million into WLFI, which has since acquired a significant amount of TRX tokens and launched the USDD1 stablecoin on the Tron blockchain.
Also Read: Polygon Overtakes Tron in Network Performance: Will POL Surge to $3?
These developments not only deepen the integration between Tron and Trump-affiliated ventures but also hint at an emerging political-financial alliance that may shape the next wave of blockchain adoption in the U.S.
Tron Inc.’s public debut, Trump-aligned partnerships, and bold reserve strategy mark a high-stakes pivot into regulated financial markets. Whether this move legitimizes Justin Sun’s empire or invites renewed scrutiny remains to be seen. However, it’s clear that the Tron Group is betting big on the power of politics, tokens, and Wall Street access to cement its position in the next phase of the crypto economy.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
