Tron Plans U.S. Public Offering Through Reverse Merger with SRM Entertainment
Tron plans to go public in the U.S. through a reverse merger with Nasdaq-listed SRM Entertainment, according to the Financial Times.
Key points:
- The merger is managed by Dominari Securities.
- The new entity will hold Tron’s TRX, similar to Strategy's bitcoin holdings.
- Following the report, TRX increased nearly 4% to $0.28.
- Tron has not commented on the matter.