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Tron Announces Reverse Merger with SRM Entertainment for NASDAQ Listing

Tron, under the leadership of Justin Sun, has initiated a reverse merger with NASDAQ-listed SRM Entertainment to enter public markets. The strategic move is facilitated by investment bank Dominari Securities and includes $210 million in TRX funding.

The U.S. Securities and Exchange Commission’s recent suspension of investigations into Sun-affiliated companies eliminated key regulatory obstacles for the listing. This clearance enables Tron to advance its public market ambitions without ongoing regulatory constraints.

The newly formed entity will hold substantial Tron assets, adopting an operational model comparable to MicroStrategy’s approach with Bitcoin. Eric Trump, son of former U.S. President Donald Trump, will assume an executive position within the company.

Parallel developments in financial technology include platforms like BiyaPay, which enable investors to trade cryptocurrency-related equities and convert USDT stablecoins into traditional fiat currencies.

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