Tron Inc. to Go Public in US via Reverse Merger with SRM Entertainment

SRM Entertainment has changed its name to Tron Inc. following a reverse merger with the Nasdaq-listed company. Tron, a cryptocurrency platform, will go public in the US through the deal. The company's board has been changed, and it has received $100 million in funding.

SRM Entertainment, Inc., formerly known as SRM Entertainment, has announced a significant corporate transformation by rebranding to Tron Inc. This strategic move is part of a broader initiative to align with its major transformation into a TRON (TRX) treasury strategy company. The company will change its ticker to the symbol "TRON" on the Nasdaq Capital Market, effective July 17, 2025 [1].

The rebranding comes on the heels of a reverse merger with a Nasdaq-listed company, which will allow Tron to go public in the US. The transaction has also resulted in a significant change in the company's board and the receipt of $100 million in funding [2]. The new name reflects the company's commitment to blockchain-integrated treasury strategies, positioning itself as the largest publicly traded corporate holder of TRX tokens with over 365 million TRX in holdings [1].

The share price of SRM Entertainment has experienced significant growth since announcing its Tron treasury strategy, reflecting investor confidence in the Tron protocol as the dominant layer-1 for USDT stablecoin [1]. The company's CUSIP number will remain unchanged at 85237B101 following the name and ticker change [1].

Tron Inc. is committed to transparency, long-term value creation, and the adoption of decentralized financial tools. In addition to its treasury strategy, the company designs, develops, and manufactures custom merchandise, including toys and souvenirs for the world’s largest theme parks and other entertainment venues [1]. Many of the company's products are based on award-winning multi-billion-dollar entertainment franchises featured in popular movies and books [1].

TRON, founded in 2017, is a decentralized blockchain that supports smart contracts and decentralized applications. It offers lower fees and faster transaction times compared to other leading blockchains such as Bitcoin and Ethereum [1]. As of July 13, 2025, TRON hosts approximately 81.7 billion in US dollar stablecoins, reflecting its growing status as a preferred blockchain for stablecoin issuance and liquidity solutions [3].

The company's forward-looking statements include expectations that TRX will continue to play a critical role in building the next generation global payment rail and a more inclusive financial infrastructure [1]. However, these statements are subject to uncertainties and risks, including those discussed in the company's filings with the SEC [1].

References:
[1] https://www.marketscreener.com/quote/stock/SRM-ENTERTAINMENT-INC-156900889/news/SRM-Rebrands-to-Tron-Inc-and-Adopts-TRON-as-its-New-Ticker-Symbol-50524472/
[2] https://www.stocktitan.net/news/SRM/srm-rebrands-to-tron-inc-and-adopts-tron-as-its-new-ticker-uwy8drl2rk06.html
[3] https://en.coinotag.com/usdt-minting-on-tron-surpasses-22b-in-2025-indicating-potential-growth-in-stablecoin-demand/