<blockquote> "Financial Times": TRON is about to go public </blockquote>

BlockBeats News, June 16, according to a report by the UK's Financial Times, crypto group Tron is set to go public following the suspension of investigations into billionaire founder Justin Sun in the US.

According to two people familiar with the matter, Tron will go public via a reverse merger with Nasdaq-listed company SRM Entertainment. The deal is being orchestrated by Dominari Securities, a boutique investment bank based in New York that is associated with Donald Trump Jr. and Eric Trump.

One source stated that the newly formed joint venture will acquire and hold TRX, mirroring the strategy of MicroStrategy (formerly). The source added that Eric Trump is expected to play a role in the company, named Tron Inc. The deal will involve Tron injecting token assets worth up to $210 million into the new entity.