- Tron is making US stocks public as a reverse merger with SRM Entertainment.
- Eric Trump will assume leadership for Tron Inc., a new company associated with the Trump Crypto Initiative.
- TRX jumped to over 27 cents as investors responded to their intentions to issue $210 million worth of tokens at Tron Inc.
Tron also has signed a reverse merger with SRM Entertainment listed on the NASDAQ, which is open to the US. The move is said to be worth 210 million at Token Holdings, just months after the SEC stopped fraud investigations of Tron founder Justin San and others associated with the company.
The new company is called Tron Inc. and has a corporate structure of the Michael Saylor strategy, with TRX Balance in a major balance within the Ministry of Finance's framework. Market analysts say the arrangement will bring long-term demand for TRX if the company continues to issue tokens to its balance sheet.
Eric Trump is expected to win a key leadership position at Tron, adding a political dimension to his listing. His involvement coincides with President Donald Trump's policy that was against the code in his second term. The deal is reportedly managed by Dominali Securities, a company with ties to Trump's son Donald Trump Jr. and Eric Trump.
Eric Trump's entry and political shift to code
The merger is an indicator of increasing political interest in Washington's code. Since Trump returned to the White House, his administration has expressed high hopes for the future of digital assets growth and infrastructure. The SEC's February suspension of SUN showed a less aggressive regulatory stance on SUN in that case.
The leadership position held by Eric Trump may be related to previous hints of key crypto initiatives. The Tron merger is estimated to be related to the Trump family's World Liberty Financial (WLFI) decentralized financial project.
Justin Sun is also said to have paid WLFI $75 million, advised and held tight with Trump Inner Circle. Sun is also the leading owner of Trump Tokens and was one of the president's guests at a closed cryptocurrency dinner held at Trump National Golf Club in Virginia earlier this year.
TRX prices will skyrocket when investors respond
The Tron TRX Token has also experienced a huge bullish momentum since the news of the merger began. TRX has won 3.3% in the past hour It has skyrocketed over $0.27. Market analysts are anticipating additional gatherings as Tron Inc. is planning to deposit more than 210 million TRX into the Treasury reserves. This action was well reflected by the BTC accumulation strategy adopted by the strategy, which always raised the BTC price when the institution purchased.
Dominali Securities, the company that brokered the transaction, was another company that spiked its valuation of 580% after Eric Trump said he was on the advisory board.
The merger ends speculation as to which cryptocurrency companies will be listed next following the Circle IPO. Tron is off the list and the market is waiting to follow up on the next big name. Tron's move to the public market is a sign of a complete reversal by the sun, which has been fired by US regulators in recent years. The claims of offering and manipulation of unregistered securities led to an official SEC investigation.
