According to the Financial Times, Justin Sun's Tron is seeking a listing in the United States. According to sources, Tron will be listed through a reverse merger with Nasdaq-listed SRM Entertainment, and if successfully completed, the new combined company will be renamed Tron Inc. and become the first publicly traded company in the United States to hold TRX full-time. (Synopsis: Beyond Ethereum!) The issuance of USDT on the TRON chain exceeded 75 billion, and Justin Sun built a stablecoin overlord) (Background supplement: Justin Sun shouted: How about I push a TRX version of the microstrategy? According to the Financial Times, Justin Sun's blockchain project Tron plans to seek listing in the United States through a reverse merger! The report quoted sources as saying that Tron will be listed through a reverse merger with Nasdaq-listed SRM Entertainment, and if successfully completed, the new combined company, Tron Inc., will become the first publicly traded company in the United States to hold TRX full-time. According to the terms of the NASDAQ deal, Tron plans to inject up to $210 million equivalent in TRX, while SRM issues Series B convertible preferred stock and stock options. The report quoted sources as saying that reverse mergers can eliminate the complicated review of traditional IPOs and be completed as soon as the third quarter of this year. And it was revealed that the trader Dominari Securities also has a close relationship with the Trump family, which made Wall Street quickly pay attention to the plan. Since the Trump administration took office in January, the SEC has suspended proceedings against Justin Sun for alleged civil fraud. And sources also revealed that Eric Trump will join Tron Inc.'s senior management, and Justin Sun will become an SRM consultant to reduce regulatory sensitivity. Justin Sun said: "This deal will pull TRX into the main stage of Wall Street." Capital markets react instantly After the Financial Times news was exposed, TRX quickly rose nearly 4% to $0.28; The latest quotes show that TRX is trading around $0.2803. SRM also soared 250% to $5.1 premarket, amplifying volume tenfold. The market views Tron Inc. as a "TRX treasury" concept stock, similar to MicroStrategy's (formerly MicroStrategy) model of holding bitcoin, providing investors who do not want to touch cryptocurrencies directly but want to participate in price fluctuations. SRM share price. Source: Google Finance Can you replicate the Strategy myth? According to public information, there are more than 310 million registered accounts on the Tron chain, with an average daily on-chain transfer amount of up to $20 billion, and the application is concentrated in stablecoins and cross-border payments. Tron Inc. plans to convert the proceeds generated from holding and pledging TRX into performance-linked dividends to attract investors seeking cash flow. However, experts remind that although reverse mergers and acquisitions save time, follow-up disclosure obligations and regulatory tests are still severe; Changes in the political climate or the SEC's reopening of the investigation could affect stock prices and on-chain confidence. Related reports TRON launches minting USD1, opening a new chapter in the stablecoin ecology Justin Sun pushes for financial freedom at the Token2049 Summit, TRON joins hands with USD1 to reshape the global financial ecology The SEC suspends litigation against Justin Sun and the TRON (TRON) Foundation, and is about to settle? 〈Justin Sun wants TRON to be listed in the United States! TRON reverse merger SRM rapid IPO, Trump also has a share? This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".
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Justin Sun aims to list TRON in the United States! TRON's reverse merger with SRM for a quick IPO, is Trump involved too?
According to the Financial Times, Justin Sun's Tron is seeking a listing in the United States. According to sources, Tron will be listed through a reverse merger with Nasdaq-listed SRM Entertainment, and if successfully completed, the new combined company will be renamed Tron Inc. and become the first publicly traded company in the United States to hold TRX full-time. (Synopsis: Beyond Ethereum!) The issuance of USDT on the TRON chain exceeded 75 billion, and Justin Sun built a stablecoin overlord) (Background supplement: Justin Sun shouted: How about I push a TRX version of the microstrategy? According to the Financial Times, Justin Sun's blockchain project Tron plans to seek listing in the United States through a reverse merger! The report quoted sources as saying that Tron will be listed through a reverse merger with Nasdaq-listed SRM Entertainment, and if successfully completed, the new combined company, Tron Inc., will become the first publicly traded company in the United States to hold TRX full-time. According to the terms of the NASDAQ deal, Tron plans to inject up to $210 million equivalent in TRX, while SRM issues Series B convertible preferred stock and stock options. The report quoted sources as saying that reverse mergers can eliminate the complicated review of traditional IPOs and be completed as soon as the third quarter of this year. And it was revealed that the trader Dominari Securities also has a close relationship with the Trump family, which made Wall Street quickly pay attention to the plan. Since the Trump administration took office in January, the SEC has suspended proceedings against Justin Sun for alleged civil fraud. And sources also revealed that Eric Trump will join Tron Inc.'s senior management, and Justin Sun will become an SRM consultant to reduce regulatory sensitivity. Justin Sun said: "This deal will pull TRX into the main stage of Wall Street." Capital markets react instantly After the Financial Times news was exposed, TRX quickly rose nearly 4% to $0.28; The latest quotes show that TRX is trading around $0.2803. SRM also soared 250% to $5.1 premarket, amplifying volume tenfold. The market views Tron Inc. as a "TRX treasury" concept stock, similar to MicroStrategy's (formerly MicroStrategy) model of holding bitcoin, providing investors who do not want to touch cryptocurrencies directly but want to participate in price fluctuations. SRM share price. Source: Google Finance Can you replicate the Strategy myth? According to public information, there are more than 310 million registered accounts on the Tron chain, with an average daily on-chain transfer amount of up to $20 billion, and the application is concentrated in stablecoins and cross-border payments. Tron Inc. plans to convert the proceeds generated from holding and pledging TRX into performance-linked dividends to attract investors seeking cash flow. However, experts remind that although reverse mergers and acquisitions save time, follow-up disclosure obligations and regulatory tests are still severe; Changes in the political climate or the SEC's reopening of the investigation could affect stock prices and on-chain confidence. Related reports TRON launches minting USD1, opening a new chapter in the stablecoin ecology Justin Sun pushes for financial freedom at the Token2049 Summit, TRON joins hands with USD1 to reshape the global financial ecology The SEC suspends litigation against Justin Sun and the TRON (TRON) Foundation, and is about to settle? 〈Justin Sun wants TRON to be listed in the United States! TRON reverse merger SRM rapid IPO, Trump also has a share? This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".