SRM received $100 million in a private sale and was renamed Tron Inc, with Justin Sun as an advisor to promote the TRX reserve strategy.

On June 17, SRM Entertainment (NASDAQ: SRM) announced on the 16th that it has secured $100 million in private equity investment and launched a TRX reserve strategy. The company issued 100,000 Series B preferred shares and 220 million warrants (conversion price $0.50), with a potential market capitalization of $210 million. At the same time, it changed its name to “Tron Inc,” and TRON founder Justin Sun officially took on the role of advisor. SRM will focus on purchasing and staking TRX as its core strategy and promote a shareholder dividend system, establishing for the first time a price linkage between TRX and US stocks. After the news was released, TRX surged short-term to $0.295, with an increase of over 9% within an hour.

Analysts suggest: SRM’s strategic transformation into Tron Inc, deeply binding with the TRON ecosystem, is clearly bullish and is expected to support TRX prices in the medium term. If the TRX reserve and dividend system are successfully implemented, it will strengthen its position in the capital market, with a long-term expectation of steady upward movement. It is recommended to operate with a slightly bullish approach under technical support. Attention should be paid to whether TRX staking and dividends are effectively executed, as well as whether Justin Sun is deeply involved in operations to avoid a rapid retreat after market speculation. Investors are advised to continue monitoring subsequent execution and capital flow.