Crypto Group Tron to Go Public in U.S. Via Reverse Merger With SRM Entertainment
SRM said Monday that it has signed a securities purchase agreement for a $100 million investment, which will be used to establish a Tron treasury strategy. In connection with the treasury launch, Justin Sun, the founder of the Tron blockchain, has been appointed as an adviser to SRM. The Winter Park, Fla., company, which intends to change its name to Tron, currently designs and manufactures toys, souvenirs, and plush items for theme parks and entertainment ventures.