Tron TRX To Go Public, Eric Trump To Take a Role at the Company
Justin Sun’s digital asset platform Tron (TRX) is set to go public in the US, according to a Financial Times report on Monday. Tron will go public in a reverse merger with Nasdaq-listed SRM Entertainment in a deal orchestrated by Dominari Securities, a New York-based boutique investment bank with ties to Donald Trump Jr and Eric Trump, according to two people briefed on the matter. As part of the deal, Tron will inject up to $210 million of token assets into the new company. JUST IN: Tron $TRX to go public in the US. — Watcher.Guru (@WatcherGuru) June 16, 2025 Tron has been on a steady climb in the last several months, including its native TRX cryptocurrency. Just four months ago, market regulators agreed to pause a fraud investigation into Justin Sun and his Tron platform. According to the Financial Times report, SRM Entertainment will buy and hold the Tron token. This is similar to that of Michael Saylor’s Strategy, which has done the same with Bitcoin (BTC). The public co...