Tron Inc. (formerly SRM Entertainment) has filed with the SEC for the offering of shares, debt instruments, and other securities worth up to $1 billion. The company plans to use these funds to expand its reserves of TRX tokens and strengthen its position within the competitive cryptocurrency market, aiming to capitalize on growing blockchain adoption worldwide and evolving decentralized finance trends. Following the announcement, Tron Inc.’s share price rose 13% to $10.84, pushing the company’s market capitalization beyond $200 million. Since its reverse merger with Justin Sun’s project and subsequent rebranding, the market cap has surged by 1,300%. According to market data, the price of TRX has increased by 2% in the past 24 hours, trading near $0.32 at the time of writing. The firm raised $100 million in June and currently manages over 365 million TRX tokens, establishing itself as the largest holder of the cryptocurrency. Tron Inc. intends to continue accumulating tokens, following a strategy similar to that of Michael Saylor. Before its pivot into cryptocurrency, SRM Entertainment focused on selling toys and souvenirs, a business that proved unprofitable. This shift has since positioned Tron Inc. as a significant player in the blockchain space. Vincent Liu, investment director at Kronos Research, describes the company's approach as ”aggressive liquidity engineering,” designed to integrate traditional finance into the Tron ecosystem. He notes that linking a public company’s balance sheet with the Tron blockchain creates a powerful growth driver by combining price reflexivity with a first-mover advantage. The company is also actively exploring strategic partnerships to enhance ecosystem development and adoption.
