Tron Inc., the public company holding the largest amount of TRX tokens, officially joined the Nasdaq, and it is a great moment not only for Justin Sun, but for the growing presence of crypto at Wall Street.
To mark the list, Sun rang the opening bell of the exchange, calling a 15 -year -old dream in preparation.
“Very big moment for the whole industry … it’s a start in the era of cryptocurrencies”, ” He said during his speech.
Tron Inc. jumps the IPO, merges with Toy Company SRM
Instead of taking the traditional stock market Introduction, Tron Inc. entered the NASDAQ thanks to a reversed merger with SRM Entertainment, a manufacturer of toys on the United States which provides big names like Disney, Universal and SeaWorld.
SRM’s original toy activity remains intact, but it is now part of a much wider strategy. The New Tron Inc. contains more than 365 million TRX tokens, worth around $ 115 million, making it the largest TRX holder among public companies.
It also plans to operate with a cryptographic cash model, giving investors an exposure to digital assets and physical products.
TRX trading volume increases after the list
The market reacted quickly. After the list, the TRX trading volume jumped 36.33% in just 24 hours, reaching $ 1.83 billion. The price also saw a small bump, from $ 0.3012 to $ 0.3137 at the time of the press.
Tron Inc.’s shares (under the Tron Ticker) ended at $ 8.74, down 10.68% according to Yahoo Finance.
A suspicion of politics in the mixture?
These beginnings at Nasdaq add another layer to the growing influence of Sun through crypto, finance and politics.
In the past year, he has developed close ties with President Donald Trump, investing massively in Trump’s cryptocurrency, World Liberty Financial, and even support for the same $ Trump and Stablecoin USD1, which now helps mint.
What is the next step?
In the typical style of Justin Sun, there is more to come. After a period of four years, he is now confirmed as the next Blue Origin space flight, another movement that keeps him, and Tron, in the spotlight.
Hello @justinsuntron👋We look forward to seeing you in West Texas on a future New Shepard flight soon! https://t.co/jnBbcjHBAn
— Blue Origin (@blueorigin) May 30, 2025
But it’s something to celebrate. Cryptographic companies are starting to appear in traditional markets!
And it can be the beginning.
