The post Tron to Go Public on Nasdaq as SEC Pauses Justin Sun Probe appeared on BitcoinEthereumNews.com.

Tron will go public in the U.S. through a reverse merger with SRM Entertainment Inc. SEC paused its investigation into founder Justin Sun, removing a key obstacle. Eric Trump is expected to join leadership, and SRM will rebrand as Tron Inc. with $100M treasury strategy. The Tron blockchain platform is set to go public in the United States. The move will be accomplished via a reverse merger with the Nasdaq-listed company SRM Entertainment Inc. This development comes after the U.S. Securities and Exchange Commission (SEC) paused its investigation into Tron’s founder, Justin Sun, clearing a major legal hurdle for the deal. The announcement was made on June 16. It marks a significant step for one of the world’s most active blockchain networks to gain a foothold in U.S. public equity markets. SRM Entertainment to Rebrand as “Tron Inc.” with $100M Treasury Plan SRM confirmed it will change its name to Tron Inc. as part of the merger deal. The company also announced a $100 million equity investment into a new “TRON Treasury Strategy” focused on building U.S.-based blockchain operations. This reverse merger allows Tron to bypass a traditional IPO and secure a Nasdaq listing. Related: Bitronix Launches First AI-Powered Gaming Trading Platform Inside Telegram with EU Regulation and $10 Minimum Entry Justin Sun, who founded Tron in 2017, has been appointed as an advisor to the company. The SEC originally filed a lawsuit against him in 2023 for alleged market manipulation and securities violations. The paused case, now on hold for potential resolution, clears a major legal hurdle for the public move. SEC Lawsuit Pause and Eric Trump’s Expected Role Eric Trump is expected to take a leadership role at the newly formed Tron entity, according to the company. This follows  President Donald Trump’s increasing focus on crypto during his…

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Filed under: News - @ June 16, 2025 9:19 pm