Overview

• Tron will go public through a reverse merger with Nasdaq-listed SRM Entertainment, which will rebrand as Tron Inc and hold TRX tokens as its treasury reserve.
• Dominari Securities, an investment bank with advisory ties to President Trump’s sons, is leading the $210 million transaction.
• Justin Sun will join the public entity as an advisor and Eric Trump is expected to take a role at the newly formed Tron Inc.
• SRM Entertainment’s shares jumped over 500% in pre-market trading and Tron’s TRX token rose about 4% on the merger news.
• The deal includes a $100 million private investment structured through preferred shares and warrants to support a TRX treasury strategy.