Tron (TRX) Soars as Justin Sun’s Project Debuts on U.S. Stock Market via SRM Entertainment Reverse Merger

Justin Sun’s Tron project is making significant strides by entering the U.S. stock market through a reverse merger with Nasdaq-listed SRM Entertainment, as reported by COINOTAG on June 17. This strategic move, facilitated by Dominari Securities—an investment bank linked to the Trump family—marks a pivotal moment for crypto integration into traditional finance. SRM’s announcement of a $100 million private investment and a treasury allocation focused on TRX catalyzed a remarkable surge in its stock price, closing with a 526% gain after an intraday spike exceeding 900%. Concurrently, TRX experienced a 24-hour price increase of over 2.5%, reflecting strong market confidence.

The rebranding of SRM to Tron Inc and Justin Sun’s appointment as company advisor underscore Tron’s formal entry into Wall Street, with the transaction valued at approximately $210 million. This development highlights the growing synergy between cryptocurrency ventures and established capital markets, driven by favorable regulatory environments. Additionally, platforms like BiyaPay enable investors to trade U.S. equities using USDT without offshore account requirements, offering a streamlined approach to capitalize on emerging market trends.