Tron Preparing for Nasdaq Listing via Reverse Merger
Date: 2025-06-17 Author: Oliver Abernathy Categories: BUSINESS
According to informed sources, Tron intends to enter the US capital market using the reverse merger mechanism. To implement this plan, a merger will be carried out with SRM Entertainment, a company already listed on the Nasdaq exchange. The transaction is being managed by Dominari Securities, and its parent structure is the investment firm Dominari Holdings Inc., based in Trump Tower.
It is noted that Tron is planning to invest up to $210 million in the new public company. According to the Financial Times, after the completion of the deal, the organization will be called Tron Inc., and Eric Trump may appear in its management. It is assumed that the structure of the deal will resemble the strategies previously used by Michael Saylor in similar transactions.
Tron was created by Justin Sun in 2017 with the ambitious goal of creating a decentralized internet based on its own token, TRX. This token powers smart contracts and digital content exchange platforms. Since its launch, Tron has been compared to Ethereum on numerous occasions, with fragments similar to Ethereum found in the project’s technical documentation.
Tron is currently ranked eighth in the largest cryptocurrency by market capitalization, according to CoinGecko.
Tron’s plans to go public reflect the growing interest of crypto companies in traditional financial markets. Listing via a reverse merger allows for a shorter time and cost of public offerings compared to a classic IPO.
While the final terms of the deal have not yet been announced, market participants are already actively discussing the possible consequences of this move for the industry. Experts believe that Tron’s appearance on Nasdaq could encourage other blockchain companies to take similar actions, as well as attract additional investor attention to the cryptocurrency sector.
Thus, Tron is taking another significant step in its development, striving to take a place not only in the world of decentralized technologies, but also on traditional US exchanges.
