Tron Inc. Rings Nasdaq Opening Bell Following $100 Million TRON Token Transaction
A defining moment at Nasdaq today with H.E. Justin Sun, founder of the TRON DAO blockchain, ringing the opening bell to celebrate Tron Inc.'s transformation and innovative entry into the public markets.
The ceremony follows the company’s recent rebrand from SRM Entertainment to Tron Inc. and the completion of its $100 million transaction in TRON (TRX) tokens. Tron Inc. now holds more than 365 million TRON tokens, representing the largest on-chain treasury position of any public company.
With this structure in place, Tron Inc. has begun staking its holdings through JustLend, with the potential to generate yield and explore new ways to deliver value to shareholders. The company's crypto-based treasury strategy gives public investors direct exposure to TRON, one of the most active blockchain networks in the world, processing over $20 billion in daily transaction volume across more than 310 million user accounts.
Lucosky Brookman LLP served as legal counsel to the company on this landmark transaction.
Congratulations to Justin Sun, Rich Miller, Weike Sun, and the entire team at Tron Inc., along with Steven Lipstein, Kyle Taylor, Morgan Hertz, and Rani HaCohen from Lucosky Brookman. We also acknowledge Dominari Securities and Kyle Wool for their leadership on the capital markets side.