Tron to Go Public on Nasdaq via Reverse Merger as SEC Pauses Justin Sun Lawsuit
- Tron will go public in the U.S. through a reverse merger with SRM Entertainment Inc.
- SEC paused its investigation into founder Justin Sun, removing a key obstacle.
- Eric Trump is expected to join leadership, and SRM will rebrand as Tron Inc. with $100M treasury strategy.
The Tron blockchain platform is set to go public in the United States. The move will be accomplished via a reverse merger with the Nasdaq-listed company SRM Entertainment Inc. This development comes after the U.S. Securities and Exchange Commission (SEC) paused its investigation into Tron’s founder, Justin Sun, clearing a major legal hurdle for the deal.
The announcement was made on June 16. It marks a significant step for one of the world’s most active blockchain networks to gain a foothold in U.S. public equity markets.
SRM Entertainment to Rebrand as “Tron Inc.” with $100M Treasury Plan
SRM confirmed it will change its name to Tron Inc. as part of the merger deal. The company also announced a $100 million equity investment into a new “TRON Treasury Strategy” focused on building U.S.-based blockchain operations. This reverse merger allows Tron to bypass a traditional IPO and secure…
The post Tron to Go Public on Nasdaq via Reverse Merger as SEC Pauses Justin Sun Lawsuit appeared first on Coin Edition.
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Tron to Go Public on Nasdaq via Reverse Merger as SEC Pauses Justin Sun Lawsuit
- Tron will go public in the U.S. through a reverse merger with SRM Entertainment Inc.
- SEC paused its investigation into founder Justin Sun, removing a key obstacle.
- Eric Trump is expected to join leadership, and SRM will rebrand as Tron Inc. with $100M treasury strategy.
The Tron blockchain platform is set to go public in the United States. The move will be accomplished via a reverse merger with the Nasdaq-listed company SRM Entertainment Inc. This development comes after the U.S. Securities and Exchange Commission (SEC) paused its investigation into Tron’s founder, Justin Sun, clearing a major legal hurdle for the deal.
The announcement was made on June 16. It marks a significant step for one of the world’s most active blockchain networks to gain a foothold in U.S. public equity markets.
SRM Entertainment to Rebrand as “Tron Inc.” with $100M Treasury Plan
SRM confirmed it will change its name to Tron Inc. as part of the merger deal. The company also announced a $100 million equity investment into a new “TRON Treasury Strategy” focused on building U.S.-based blockchain operations. This reverse merger allows Tron to bypass a traditional IPO and secure…
The post Tron to Go Public on Nasdaq via Reverse Merger as SEC Pauses Justin Sun Lawsuit appeared first on Coin Edition.
Read More
Nigerian SEC Gives Nod to Stablecoins as Crypto Policy Ahead of 2026