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Tron to Go Public in U.S. With Trump-Linked Deal as Probe Into Justin Sun Paused 

Tron to Go Public in U.S. With Trump-Linked Deal as Probe Into Justin Sun Paused 

Tron, the digital asset platform founded by crypto billionaire Justin Sun, is preparing to go public in the United States following a regulatory decision to pause a fraud investigation involving Sun’s affiliated companies.

According to Financial Times the listing will be conducted through a reverse merger with Nasdaq-listed SRM Entertainment.

The deal is being orchestrated by Dominari Securities, a boutique investment bank based in New York that maintains close ties to Donald Trump Jr. and Eric Trump. Sources familiar with the matter confirmed the Trump family’s indirect involvement in the arrangement.

The upcoming public entity, expected to be named Tron Inc, will adopt a crypto treasury strategy similar to that of Michael Saylor’s firm, Strategy (formerly MicroStrategy). It will hold and accumulate large amounts of Tron tokens as a core asset.

Eric Trump is reportedly being considered for a leadership position within the newly formed company, marking a potential expansion of the Trump family’s engagement with the digital asset space.

Source

Author
Kosta Gushterov

Reporter at Coindoo

Kosta kam 2021 zum Team und hat sich mit seinem Wissensdurst, seiner unglaublichen Hingabe und seiner analytischen Denkweise schnell einen Namen gemacht. Er deckt nicht nur ein breites Spektrum an aktuellen Themen ab, sondern schreibt auch bemerkenswerte Rezensionen, PR-Artikel und Bildungsinhalte. Seine Arbeit wird auch von anderen Nachrichtenagenturen zitiert.

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