Tron (TRX) Explores U.S. Public Listing via Reverse Merger, TRX Gains 4% Amid Institutional Interest

Tron, the blockchain platform founded by billionaire Justin Sun, is making strategic moves to secure a U.S. public listing through a reverse merger with Nasdaq-listed SRM Entertainment. This development, managed by Dominari Securities, follows a similar path to Bitcoin holding firm MicroStrategy, aiming to create a TRX-focused entity. The announcement has already positively impacted TRX''s market performance, with the cryptocurrency surging nearly 4% to $0.28 following the Financial Times report. This move underscores the growing institutional interest in cryptocurrencies and positions Tron for broader market adoption and visibility. The reverse merger strategy highlights Tron''s ambition to leverage traditional financial mechanisms to bolster its ecosystem and token value. As of June 17, 2025, this development marks a significant milestone for Tron and its community, signaling potential long-term growth and stability for TRX in the competitive crypto market.

Tron Explores U.S. Public Listing via Reverse Merger, TRX Gains 4%

Tron, the blockchain platform founded by billionaire Justin Sun, is pursuing a U.S. public listing through a reverse merger with Nasdaq-listed SRM Entertainment. The deal, managed by Dominari Securities, mirrors the strategy of Bitcoin holding firm MicroStrategy by creating a TRX-focused entity.

TRX surged nearly 4% to $0.28 following the Financial Times report. The move signals growing institutional interest in crypto-native business models, though TRON declined to comment on the transaction details.

TRX Price Surges as Tron Plans Nasdaq Entry via Reverse Takeover

Tron (TRX) is making a bold move toward public markets through a reverse takeover of Nasdaq-listed SRM Entertainment. The deal, orchestrated by Dominari Securities with ties to the Trump family, will see Eric Trump take a role in the newly formed Tron Inc. The strategy mirrors MicroStrategy''s bitcoin playbook, with the entity set to hold $210 million worth of TRX as a treasury asset.

TRX rallied nearly 4% to $0.28 on the news, while SRM''s stock skyrocketed 250% in pre-market trading. The MOVE signals a convergence of crypto, politics, and traditional finance—a headline-grabbing gambit that could reshape perceptions of digital assets in institutional circles.

TRON Targets Nasdaq Listing via Reverse Merger with SRM Entertainment

TRON is set to enter U.S. public markets through a reverse merger with Nasdaq-listed SRM Entertainment, a move facilitated by Dominari Securities. The deal, linked to Donald TRUMP Jr. and Eric Trump, involves TRON Inc. receiving $210 million worth of tokens, signaling a strategic pivot amid easing regulatory pressures.

Eric Trump is expected to assume an executive role in the newly formed entity, underscoring the merger''s high-profile backing. The transaction positions tron among the forefront of blockchain firms with public market access, though details of the token allocation remain undisclosed.

The merger marks a departure from TRON''s foundation structure, which faced heightened scrutiny. By aligning with Nasdaq-listed SRM, TRON gains exposure to U.S. capital markets while leveraging Dominari''s connections to the Trump family.

Tether Freezes $12.3M USDT on Tron in Anti-Crime Operation

Tether has frozen $12.3 million worth of USDT on the Tron Network, citing suspected illicit activity. The action, executed at 9:15 am UTC, reflects the stablecoin issuer''s stringent compliance with anti-money laundering (AML) and sanctions policies. No public statement has been released, but on-chain data confirms the freeze.

The move underscores Tether''s proactive stance against financial crime, aligning with global regulatory frameworks. Its collaboration with TRON and TRM Labs through the T3 Financial Crime Unit highlights a coordinated effort to identify and neutralize threats. CEO Paolo Ardoino emphasizes the platform''s capability to track and freeze assets, aiding law enforcement in combating blockchain-based financial crimes.

Tether''s enforcement policies target high-risk activities, including terrorism financing and nuclear proliferation, mirroring the U.S. Treasury''s OFAC Specially Designated Nationals List. This latest freeze reinforces the company''s commitment to preventing misuse of its stablecoin across jurisdictions.