Tron Inc Lists on Nasdaq via Reverse Merger 210M TRX Reserves Stabilize Token Value

Tron Inc (TRON) began trading on Nasdaq on July 24, 2025, following a $100 million reverse merger with SRM Entertainment, a previously publicly traded entity that has since been renamed Tron Inc. The transition, finalized on July 17, 2025, rebranded the company’s identity to align with the Tron blockchain ecosystem. Justin Sun, founder of the Tron blockchain, rang the opening bell for the debut and joined as a strategic advisor, underscoring his dual commitment to blockchain innovation and space exploration, as he is set to participate in a New Shepard rocket mission alongside Jeff Bezos [3]. The Nasdaq listing marks a strategic repositioning for the firm, which now emphasizes blockchain-powered treasury holdings and institutional-grade digital asset management [1].

The stock opened at approximately $9 per share, with a notable price surge observed in mid-June 2025 after unconfirmed rumors about the public offering emerged [1]. Tron Inc, formerly SRM Entertainment, claims to hold the largest public reserve of TRX tokens among listed entities, with a $210 million allocation to corporate treasury reserves aimed at stabilizing the token’s value and reducing dilution risks [1]. This strategy reflects the company’s broader vision to integrate blockchain technology with global digital entertainment and merchandise, leveraging its Nasdaq listing to bridge decentralized and traditional finance [1]. CEO Rich Miller highlighted the move as a step toward building shareholder value through innovation and strategic leadership, emphasizing the firm’s long-term commitment to blockchain-powered treasury solutions [1].

Analysts note that corporate strategies like reverse mergers can influence short-term crypto asset dynamics, particularly in institutional adoption. The listing has amplified Tron Inc’s market influence in decentralized finance (DeFi) and USDT flows on the Tron network. However, long-term success will depend on regulatory clarity, sustained innovation, and execution of the company’s roadmap [6]. Sun described the milestone as “a historic moment for the entire blockchain industry,” signaling a broader trend of crypto assets gaining traction in traditional financial frameworks [1].

The reverse merger strategy, common in crypto-native projects, positions Tron Inc to attract institutional capital while reinforcing TRX’s utility as a reserve asset. The company’s hybrid approach—combining public market credibility with blockchain innovation—may encourage other crypto firms to adopt similar strategies, further blurring the lines between decentralized and traditional finance [1]. Market observers are closely monitoring regulatory developments and the firm’s ability to maintain transparency and investor confidence through strategic adaptability [1].

Sources: [1] [TRON Inc. Celebrates Nasdaq Rebranding with Justin ...](https://www.binance.com/en-AE/square/post/07-24-2025-tron-inc-celebrates-nasdaq-rebranding-with-justin-sun-s-participation-27380247170497) [3] [Tron Inc. Rings the Nasdaq Stock Market Opening Bell](https://www.nasdaq.com/videos/tron-inc-rings-nasdaq-stock-market-opening-bell) [6] [Tron Inc. to Ring The Nasdaq Opening Bell on July 24, 2025](https://www.8newsnow.com/business/press-releases/globenewswire/9499249/tron-inc-to-ring-the-nasdaq-opening-bell-on-july-24-2025).