Justin Sun’s Tron is about to challenge what Wall Street considers a legitimate corporate asset, and if it fails under pressure, the fallout could ripple far beyond the company itself.
On June 16, toy maker SRM Entertainment announced it will data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/nasdaq-firm-tron-inc-210m-trx-treasury” title=”null”>rebrand as Tron Inc and adopt a treasury strategy centered on TRX (TRX), the native cryptocurrency of the Tron blockchain.
The move — widely defined as a reverse merger — is backed by a $100-million private investment, potentially rising to $210 million if warrants are fully exercised. Tron founder Sun…

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