Tron’s reverse merger with SRM Entertainment includes up to $210 million in token assets and is part of a broader rise in crypto deal-making reportedly encouraged by US President Donald Trump’s support for digital assets

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The deal will involve Tron injecting up to $210mn of token assets into the new company and marks the latest in a surge of crypto tie-ups fuelled by Donald Trump’s warm embrace of the digital asset industry since he began his second term as US president

The firm plans to start with a $210 million token injection from the Tron ecosystem, the FT initially reported

According to the Financial Times, the deal, reportedly valued at up to $210 million in token assets, comes just four months after the US SEC (Securities and Exchange Commission) agreed to pause its fraud investigation into Sun and three of his companies, including Tron (TRX).