Tron, the blockchain platform established by cryptocurrency entrepreneur Justin Sun, is reportedly gearing up to make its debut on U.S. public markets via a reverse merger with SRM Entertainment, which is already listed on the Nasdaq. This development was highlighted in a recent article by the Financial Times, with coordination set to be handled by Dominari Securities.
Upon the deal’s completion, the new company is expected to be called Tron Inc., and it will reportedly hold significant holdings of TRX, the native digital token of the Tron network.
According to the Financial Times report, Eric Trump, son of former President Donald Trump, is likely to take on a leadership role within this rebranded entity.
Tron to Invest $210M in TRX Ahead of Nasdaq Entrance
The anticipated Tron Inc. is projected to acquire as much as $210 million in TRX tokens. This acquisition will mimic MicroStrategy’s treasury model, which is centered on Bitcoin, positioning Tron Inc. as a publicly traded entity capable of leveraging its cryptocurrency assets.
Dominari Securities is part of Dominari Holdings, which has connections to American Data Centers. This venture, which emphasizes AI infrastructure, was co-founded by Eric Trump alongside Donald Trump Jr., both of whom serve on the advisory board.
BREAKING: Tron $TRX is set to go public in the U.S.
For your information, JS is the largest holder of $trump coin. Do you understand the game… pic.twitter.com/gegiKNxlmL
— Nilesh Rohilla (@nilesh_rohilla) June 16, 2025
This news follows closely on the heels of Circle Internet Financial’s significant IPO on the New York Stock Exchange, where it successfully raised $1.05 billion—one of the largest fundraising events in the crypto sector this year.
Circle’s successful public offering has sparked renewed interest among investors in blockchain companies, particularly as regulatory frameworks appear to be improving under the Trump administration and institutional support for cryptocurrency continues to grow.
Justin Sun’s Ambitious Move: Public Offering, Trump Connections, and a $79B Stablecoin Dominance
Justin Sun’s ties to the Trump family seem to be tightening. In May, he attended an exclusive banquet at Trump National Golf Club in Virginia, in the company of 24 other significant holders of the $TRUMP meme token.
Additionally, Sun has made a $75 million investment into World Liberty Financial, a crypto initiative linked to the Trump family, which recently introduced the USD1 stablecoin on the Tron platform.
Thanks to Tron!!! @justinsuntron @worldlibertyfi #USD1 https://t.co/6CvSaIs04H
— Eric Trump (@EricTrump) June 11, 2025
Following the news of the merger, the price of TRX token experienced a boost of approximately 3%, trading at around $0.2785, as reported by CoinGecko.
Tron is currently overseeing more than $4.8 billion in total value locked (TVL) and boasts a market capitalization of $79 billion in stablecoins, positioning it as the second-largest entity in the global stablecoin market.
TRON handles $20 BILLION in stablecoin transactions DAILY, surpassing Visa’s volume!
Justin Sun remarked, "Everyone who matters in crypto is already here" as Dubai overtakes Singapore as the new crypto hub.
The projected volume from $5 trillion to $7 trillion in 2025 indicates that major developments are unfolding on-chain…
— Kate Miller (@KateMillerGems) June 5, 2025
Moreover, the daily active accounts on Tron are nearing 3 million, reaching their highest level since May 2023.
The article “Breaking: Tron ($TRX) Plans US Public Offering – What This Means for Crypto” first appeared on Finance Newso.
