Financial Times: Justin Sun’s Blockchain Tron to Seek Listing in the United States

According to the Financial Times, after U.S. regulators suspended their investigation, Justin Sun’s blockchain project Tron is seeking to go public in the United States. Two people familiar with the matter revealed that Tron will go public through a reverse merger with SRM Entertainment, a Nasdaq-listed company. The deal is orchestrated by Dominari Securities, a boutique investment bank based in New York that has ties to Donald Trump Jr. and Eric Trump. One source stated that the newly established joint venture will purchase and hold TRX, following a strategy similar to that of Strategy (formerly MicroStrategy). The source added that Eric Trump is expected to take a position at the company, which will be called Tron Inc. The deal will involve Tron injecting up to $210 million worth of token assets into the new company.