Tron has announced plans to list on the US stock market through a reverse merger with Nasdaq-listed company SRM Entertainment.
Eric Trump, the son of President Donald Trump, has denied any direct connection to Tron. On the 16th (local time), Eric Trump said he had spoken out against Tron founder Justin Sargent.
He praised Tron, calling him an "icon in the crypto industry and a friend," but dismissed reports that he would be involved in plans to list Tron as untrue.
He also stated, "I am the biggest fan of Tron," and "I respect Justin Sun and see him as a great figure in the cryptocurrency industry."
However, he denied the Financial Times report that Eric Trump would participate in Tron's public offering.
Tron currently owns SRM Entertainment, a Nasdaq-listed memorabilia and toy company.
The company was merged and renamed "Tron Inc." and is promoting full-scale expansion into the U.S. by attracting $100 million in private equity investment. Tron's current market value is
It is ranked 9th among global blockchain projects with a total value of about $26.5 billion. Meanwhile, Eric Trump and Justin Sun's business relationship is expected to end in 2023.
This has been going on since around November. At the time, Justin Sun was the largest investor in World Liberty Financial (WLFI), a cryptocurrency financial platform run by the Trump family.
I once purchased $30 million worth of WLFI tokens as a home.
2025/06/17 12:51 KST
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