Tron is set to go public on Nasdaq through a $210 million reverse merger with SRM Entertainment, according to a Financial Times report, marking a major milestone for the blockchain project amid shifting US regulatory dynamics

Event date

June 16, 2025

Quotes that support claims

According to the Financial Times (FT), Tron plans a reverse merger with SRM Entertainment, a company that was listed on the NASDAQ in 2023.

Tron, founded by Justin Sun, is set to go public through a $210 million reverse merger with SRM Entertainment on Nasdaq, following a paused SEC fraud case.

Crypto billionaire Justin Sun’s digital asset platform Tron is set to go public in the US, four months after market regulators agreed to pause a fraud investigation into several of his companies.

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Week 25 of 2025