Tron Inc. Debuts on Nasdaq: Blockchain Asset Management Goes Public

The strategic convergence of traditional finance and cutting-edge blockchain technology reached a significant milestone on July 24, 2025, as Tron Inc. officially commenced trading on the Nasdaq stock exchange. This pivotal move, executed through a reverse merger with SRM Entertainment, signifies a bold transition for a company dedicated to integrating digital innovation with established capital markets. Its public listing positions Tron Inc. as a key player in the burgeoning field of blockchain asset management.

• Tron Inc. initiated trading on the Nasdaq stock exchange on July 24, 2025.
• The public listing was facilitated by a reverse merger with SRM Entertainment.
• Justin Sun, founder of the TRON blockchain, serves as a global advisor to Tron Inc.
• The company, now focused on blockchain asset management, reportedly intends to establish a $210 million TRX crypto-reserve.
• Tron Inc. states it holds the largest reserves of TRON (TRX) among publicly traded companies.
• The TRON network processed over $649 billion in stablecoin transactions in 2024 (combined with Ethereum) but has also been cited as a conduit for illicit activity.

Strategic Nasdaq Debut Marks New Era for Tron Inc.

The ceremonial market opening, held at the prestigious Nasdaq MarketSite in New York’s iconic Times Square, was presided over by Justin Sun, the influential founder of the TRON blockchain. Sun’s presence is particularly noteworthy given his dual role as a global advisor to Tron Inc., underscoring the company’s commitment to leveraging next-generation technologies for sustained long-term value creation.

Tron Inc., which previously operated as SRM Entertainment, Inc., is now strategically positioned as a public entity solely dedicated to implementing robust blockchain-based asset management strategies. Rich Miller, the CEO, emphasized the company’s forward-looking vision, stating that the Nasdaq debut, coupled with Justin Sun’s strategic advisory role and the expansion into blockchain-integrated treasury assets, unequivocally solidifies their commitment to generating sustainable shareholder value through relentless innovation and industry leadership.

From Souvenirs to Digital Assets: The Reverse Merger Foundation

The genesis of Tron Inc. traces back to a strategic reverse merger earlier this year, uniting the TRON crypto project with SRM Entertainment. Formerly recognized for its production of souvenir merchandise, based on globally acclaimed film and book franchises and widely distributed in major theme parks such as Walt Disney Parks and Resorts and Universal Parks, SRM Entertainment’s transition is significant. A key highlight of this transformative period was SRM Entertainment’s publicly announced intention to establish a substantial $210 million TRX crypto-reserve, signaling a clear shift towards digital asset integration.

Navigating the Digital Frontier: Reserves, Transparency, and Challenges

In its current operational structure, Tron Inc. reportedly commands the largest reserves of TRON (TRX) among all publicly traded companies. The company has explicitly stated its commitment to fostering transparency and vigorously adopting decentralized finance (DeFi) principles, aiming to cultivate long-term growth in asset value. While the TRON network has undeniably emerged as a formidable participant in the global stablecoin sector, its expansive reach has also attracted scrutiny.

Reports have cited the TRON network as a conduit for illicit transactions, a concern amplified by the sheer volume of assets. In 2024 alone, over $649 billion in stablecoins were reportedly transacted through a combination of the TRON and Ethereum networks, highlighting both the scale and the inherent challenges of managing vast digital flows.