coinpedia
2025-07-25 10:48:35

Justin Sun’s Tron Inc. Is Now Public on Nasdaq: Full Details

The post Justin Sun’s Tron Inc. Is Now Public on Nasdaq: Full Details appeared first on Coinpedia Fintech News Tron Inc. , the public company holding the largest amount of TRX tokens, has officially joined the Nasdaq, and it’s a big moment not just for Justin Sun, but for crypto’s growing presence on Wall Street. To mark the listing, Sun rang the opening bell at the exchange, calling it a dream 15 years in the making. “Very big moment for the whole industry…..This is a start to the cryptocurrency era,” he said during his speech. https://twitter.com/justinsuntron/status/1948373244626489533 Tron Inc. Skips IPO, Merges with Toy Company SRM Instead of going the traditional IPO route, Tron Inc. entered the Nasdaq through a reverse merger with SRM Entertainment, a U.S.-listed toy manufacturer that supplies to big names like Disney, Universal, and Seaworld. SRM’s original toy business remains intact, but it’s now part of a much broader strategy. The new Tron Inc. holds over 365 million TRX tokens , worth around $115 million, making it the largest TRX holder among public companies. It’s also planning to operate with a crypto treasury model, giving investors exposure to both digital assets and physical products. TRX Trading Volume Surges Post-Listing The market reacted quickly. Following the listing, TRX’s trading volume jumped 36.33% in just 24 hours, reaching $1.83 billion. The price saw a small bump too, moving from $0.3012 to $0.3137 at press time. Shares of Tron Inc. (under the ticker TRON) closed at $8.74, down 10.68% according to Yahoo Finance. A Hint of Politics in the Mix? This Nasdaq debut adds another layer to Sun’s growing influence across crypto, finance, and politics. Over the past year, he’s developed strong ties with President Donald Trump , investing heavily in Trump’s crypto venture, World Liberty Financial, and even backing the $TRUMP meme coin and USD1 stablecoin, which Tron now helps mint. What’s Next? In typical Justin Sun style, there’s more to come. After a four-year delay, he’s now confirmed to be on Blue Origin’s next space flight , another move that keeps him, and Tron, in the spotlight. Hello @justinsuntron We look forward to seeing you in West Texas on a future New Shepard flight soon! https://t.co/jnBbcjHBAn — Blue Origin (@blueorigin) May 30, 2025 But it is something to celebrate. Crypto firms are starting to show up in traditional markets! And this may just be the beginning.

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约