Justin Sun & Eric Trump Shock Markets: Tron’s $210M SRM Reverse Merger Play Goes Public in US

Crypto meets political legacy in a blockbuster deal. Tron founder Justin Sun and Eric Trump are orchestrating a $210 million reverse merger with SRM to take the project public in the US—because what screams ''decentralization'' like a Trump family tie-up?

The move smacks of Wall Street theatrics—Sun’s flair for spectacle meets Trump’s talent for headline-grabbing. SRM’s backdoor listing bypasses traditional IPO hurdles, a classic Sun maneuver that’ll either mint new millionaires or leave bagholders cursing.

One thing’s certain: regulators will be watching. When crypto’s most controversial showman teams up with America’s most polarizing political dynasty, expect fireworks—and possibly subpoenas.

Bonus jab: Nothing ensures ''stable'' growth like mixing volatile assets with Trump-branded volatility. Happy trading!

Tron Treasury management

In a related move, SRM Entertainment announced a $100 million equity investment through a Securities Purchase Agreement with a private investor.

The investment will fund a new TRX Treasury Strategy, backed by warrants that could raise the deal’s total value to $210 million.

Justin SUN has also been appointed as an advisor to SRM Entertainment. Dominari Securities is serving as the exclusive placement agent for the offering.

SRM plans to use the funds to acquire and stake TRX tokens, positioning itself for long-term returns in the digital asset space. Following the successful rollout of its staking program, the company reportedly also intends to introduce a dividend policy.

Sun said:

“Stablecoins and blockchain are revolutionizing global payments, enabling faster, cheaper, and more transparent transactions. With over 310 million international user accounts and average daily transactions YTD exceeding $20 billion, tron strives to be the protocol of choice for onchain settlement serving the mass populations worldwide.”

TRX rises

Following the news, Tron’s native token TRX surged nearly 7%, trading at $0.2841 at press time.

Meanwhile, these developments signal a dramatic shift for Tron and its founder, Justin Sun, who has previously faced scrutiny from US regulators, including investigations by the Securities and Exchange Commission.

However, Sun has recently aligned himself with pro-crypto initiatives associated with President Trump, including the launch of the TRUMP memecoin and the USD1 stablecoin under the World Liberty Financial brand.