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Tron Inc. Launches $1 Billion Shelf Offering to Deepen TRX Treasury

It secures SEC clearance for a $1 billion mixed securities shelf offering to expand its 365 million-token TRX reserve

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Tron Inc. lines up $1b funding option to bulk up TRX treasury
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Tron files $1b sec registration with justin sun tied to advisory deal

Overview

  • Tron Inc filed a Form S-3 registration on July 28 to issue up to $1 billion in common stock, preferred shares, debt instruments and warrants
  • Proceeds will be used exclusively to purchase TRX tokens, building on its existing 365 million-token corporate treasury
  • The company’s stock climbed more than 20% on the filing day, extending a 1,300% rally since its Nasdaq reverse merger in mid-June
  • Tron Inc went public through a reverse merger with SRM Entertainment and rebranded to align with its crypto-native treasury focus
  • The capital raise highlights a growing wave of public companies diversifying into altcoin reserves beyond bitcoin