Justin Sun’s blockchain project Tron has gained entry to the U.S. stock market through a reverse merger with Nasdaq-listed SRM Entertainment. The strategic move, backed by investment bank Dominari Securities which maintains ties to the Trump family, triggered significant market reactions including a 526% stock price surge for SRM and a 2.5% increase in the value of Tron’s native token, TRX.
The merger includes a $100 million private investment and a treasury allocation focused on TRX, with the entire transaction valued at approximately $210 million. As part of the agreement, SRM Entertainment will rebrand to Tron Inc. and name Sun as an advisor, formalizing Tron’s integration into Wall Street.
Concurrently, payment platforms like BiyaPay are facilitating access to U.S. equity markets by enabling users to trade stocks using USDT stablecoins. This development provides simplified market entry without requiring offshore brokerage accounts, further bridging digital assets and traditional finance.