Tron-Linked Firm Eyes Wall Street Debut with Trump Family Ties and $210M TRX Bet

A blockchain company closely connected to billionaire Justin Sun and the Tron ecosystem is reportedly preparing to go public in the United States through a reverse merger — signaling a bold crypto play amid shifting political winds.

According to sources cited by the Financial Times, the firm intends to merge with Nasdaq-listed SRM Entertainment in a deal orchestrated by Dominari Securities, a boutique New York investment bank with ties to Donald Trump Jr. and Eric Trump.

The company, dubbed Tron, Inc., is planning to hold large reserves of TRX — the native token of the Tron blockchain — positioning itself as a crypto acquisition vehicle in the style of Michael Saylor’s Strategy. The firm is reportedly starting with a $210 million allocation in TRX.

This comes as Justin Sun, who faces unresolved SEC charges over unregistered securities and alleged market manipulation, appears to be strengthening connections with influential Republican figures. Following signs of a more crypto-friendly stance from the Trump-aligned SEC earlier this year, Sun and federal regulators paused legal proceedings to explore a potential settlement.

Sun has not kept his political alliances quiet. In May, he joined two dozen top holders of the TRUMP memecoin for a private banquet at Trump National Golf Club in Virginia. He also made a hefty $75 million investment into World Liberty Financial — a decentralized finance initiative backed by the Trump family.

If successful, Tron, Inc.’s Wall Street listing could be one of the first major crypto-linked public market plays facilitated through the Trump network — and a possible bellwether for how political alignment may shape crypto's path in U.S. markets going forward.