Tron Plans Nasdaq Listing via Reverse Merger With SRM, Building $TRX Treasury as Institutional Interest Rises
Tron, the blockchain platform led by Justin Sun, is moving to go public in the US by merging with Nasdaq-listed SRM Entertainment in a reverse takeover. This plan will rebrand SRM as Tron Inc. and include a significant $210 million TRX token treasury, similar to MicroStrategy’s Bitcoin strategy. The merger has already drawn strong market attention, with SRM stock jumping over 533% after the announcement. The push is aimed at attracting institutional investors by positioning Tron as a major holder of its native token and a decentralized infrastructure provider in the public equity arena.
Further spotlighting institutional crypto advances, the news outlines the role of Dominari Securities as lead underwriter, clarifies that Eric Trump, despite being an advisor at Dominari, has no formal involvement in the Tron deal, and directly addresses speculation about the Trump family’s participation.
Additionally, the article covers the BTC Bull Token ($BTCBULL), a new project offering BTC airdrops at milestone Bitcoin prices, regular token burns, and high-yield potential for speculative traders. The $BTCBULL presale has surpassed $7.2 million, drawing trader interest with promises of returns tied to Bitcoin’s price, especially as analysts forecast prices up to $250,000. This reflects mounting institutional involvement and the integration of token-based treasuries in traditional financial markets, signaling an evolving landscape for both TRX and related crypto investment vehicles.
Bullish
The news of Tron’s reverse merger with SRM Entertainment to achieve a Nasdaq listing—and the strategic creation of a large $TRX treasury—signals growing institutional interest and a bold move to bridge crypto with traditional equity markets. The immediate positive response in SRM’s stock price and comparisons to MicroStrategy’s Bitcoin play further boost sentiment for TRX. The involvement of established financial intermediaries and large-scale fundraising efforts reinforce the credibility and potential financial influx into the Tron ecosystem. While the announcement clarifies limited Trump family involvement to dispel rumors, the overall developments are likely to increase market attention and confidence in TRX and the broader institutional adoption of crypto treasuries. The BTC Bull Token news, highlighting new speculative opportunities tied to Bitcoin’s projected growth, also signals broader retail and institutional engagement. Historically, such high-profile moves towards mainstream adoption and financial innovation tend to have a bullish short- and medium-term impact on the underlying assets.