nft trading 345 cream|In This ArticleWhy Now? Because the Legal Heat Cooled OffWhat the Deal Actually Looks LikeTurning Tr

Justin Sun is pulling off one of the flashiest crypto comebacks in recent memory. Tron is going public through a reverse merger with Nasdaq-listed SRM Entertainment, and the deal is being steered by a Trump-connected investment bank. If all goes through, the rebranded Tron Inc. might even have Eric Trump sitting on its board.

The merger arrives just months after the SEC hit pause on its fraud case against Sun. And while that investigation is still technically open, it’s no longer in the way, making this the perfect moment for a pivot into the public spotlight.

Why Now? Because the Legal Heat Cooled Off

This kind of timing doesn’t happen by accident. The SEC’s case against Sun, which accused him of shady token sales and price manipulation, had been hanging over his head for more than a year. But once it was paused, the runway cleared.

Am I getting this right?

1. Tron investigated by SEC for market manipulation

2. Justin Sun becomes top holder of $TRUMP and World Liberty Fi

3. Investigation is dropped

4. Tron goes public via reverse merger with Eric Trump taking a role at the company

Crime season is here pic.twitter.com/ywg9Z9Y5ng

— Clemente (@Chilearmy123) June 16, 2025

Going public through a reverse merger means Sun can skip the traditional IPO process. No roadshow. No underwriter headaches. Just a fast track to a Nasdaq listing, and a chance to reframe Tron as a fully legitimate corporate entity.

What the Deal Actually Looks Like

Here’s how it works: SRM, a small toy and licensing firm with links to Disney and SeaWorld, is merging with Tron and rebranding itself as Tron Inc. Tron will contribute up to $210 million worth of its TRX tokens to the combined entity. SRM, on its end, will raise $100 million to buy Tron’s tokens, then issue new shares and warrants as part of the structure.

The financial advisor? Dominari Securities, which just happens to be based in Trump Tower. Its advisory board features Donald Trump Jr. and Eric Trump. There’s already talk that Eric might take a formal leadership role at the newly public Tron.