SRM Entertainment Secures $100 Million Funding Rebrands as Tron Inc

SRM Entertainment, a company listed on the NASDAQ, announced on June 16th that it had secured $100 million in private equity funding. The company issued 100,000 Series B preferred shares and 220 million warrants, with a conversion price set at $0.50, potentially valuing the company at $210 million. Additionally, SRM Entertainment has rebranded as "Tron Inc," with TRON founder Justin Sun officially joining as an advisor. The company's core strategy will focus on purchasing and staking TRX, while also advancing a shareholder dividend policy. This marks the first establishment of a value linkage between TRX and U.S. stocks.

Following the announcement, TRX experienced a short-term surge to $0.295, with an hourly increase of over 9%. Bitunix analysts suggested that SRM's strategic pivot to Tron Inc and its deep integration within the TRON ecosystem present clear bullish signals, likely providing mid-term support for TRX prices. If the TRX reserve and dividend policy are successfully implemented, it would strengthen its position in the capital markets, potentially driving sustained long-term growth. A technical bias toward a bullish strategy is advised. However, one must closely monitor whether TRX staking and dividends are meaningfully executed, and whether Justin Sun takes an active role in operations to avoid a rapid market cool-off following speculative hype. Investors are advised to stay updated on subsequent developments and capital flows.