25.07.2025 02:39

Tron Inc., the company associated with the renowned Tron blockchain, commenced trading on the Nasdaq stock exchange on July 24th. This landmark event, marked by Justin Sun's ceremonial bell ringing, followed a reverse merger with the already publicly listed SRM Entertainment. The move signifies a significant step for the company into the mainstream financial market.

Rich Miller, CEO of Tron Inc., expressed his enthusiasm in a press release, highlighting the strategic vision behind the merger and the incorporation of Justin Sun as a Global Advisor. He emphasized the company's commitment to generating shareholder value through both innovation and decisive leadership, a sentiment reinforced by the observable impact on the TRON stock chart since its Nasdaq debut in 2023. Currently, the stock is trading around $9.

Speculation surrounding Tron's impending public listing, initially surfacing in mid-June 2025, fueled a substantial increase in the stock's price. Rebranded from SRM Entertainment, the company positions itself as a leader in integrated blockchain asset management, boasting the largest publicly held TRX token reserves among its peers. Interestingly, the TRX cryptocurrency itself exhibited minimal price fluctuation in response to the Nasdaq listing news; its major price surge had already occurred following earlier, unverified reports. At present, TRX trades at approximately $0.31.

Adding further intrigue to Justin Sun's profile is his upcoming participation in Jeff Bezos's space mission. Scheduled to be a crew member aboard the New Shepard rocket, this venture underscores his commitment to both technological innovation and groundbreaking achievements that transcend the blockchain industry. This ambitious endeavor solidifies his reputation as a forward-thinking innovator and leader within the technological landscape. Information obtained from internet sources.