Tron Group has announced plans to pursue a public listing in the United States through a reverse merger with Nasdaq-listed SRM Entertainment.
The strategic move aims to provide Tron Group access to U.S. capital markets and is supported by a dedicated $210 million fund denominated in TRX.
This fund is intended to fuel operational growth and enhance the Tron blockchain’s infrastructure.
Dominari Securities, a broker-dealer noted for its political connections, is facilitating the merger.
Its involvement is seen as potentially aiding regulatory navigation and broadening investor outreach for Tron Group.
The announcement coincides with significant activity on the TRON blockchain.
Over the past week, the network recorded $1.38 billion in stablecoin inflows, primarily USDT and USDC.
This volume surpasses inflows seen on competing networks like Avalanche, signaling rising adoption.
Market sentiment for TRX appears bullish.
Buyer dominance is confirmed by the 90-day Cumulative Volume Delta metric, reflecting sustained investor confidence in the cryptocurrency.
The proposed reverse merger could significantly increase TRX liquidity and attract greater institutional interest.
Successfully listing would position Tron as a more competitive blockchain platform, potentially fostering broader adoption of its DeFi and financial services.