On July 24, Nasdaq launched trading in shares of Tron Inc (TRON), a company associated with the blockchain of the same name. Justin Sun opened the session by ringing the bell.
The company went public through a reverse merger with SRM Entertainment, which was already publicly traded.
“With the addition of Justin Sun as our Global Advisor and our continued expansion into blockchain-powered treasury holdings, this moment highlights our long-term vision to build shareholder value through innovation and strategic leadership,” Tron Inc CEO Rich Miller said in a press release.
The effects of the merger can be seen on the current TRON stock chart. Nasdaq has tracked the stock’s price since 2023. At the time of writing, it is trading at around $9.
The stock’s main increase occurred after rumors about Tron going public surfaced in mid-June 2025.
The company, formerly known as SRM Entertainment, bills itself as a “pioneer in integrated blockchain asset management strategies.” According to the firm, it holds the largest amount of TRX tokens among publicly traded entities.
The coin itself showed little reaction to the news. The main price surge had occurred earlier, following unconfirmed reports about the share placement. TRX is currently trading at around $0.31.
Recall that the founder of TRON will also be one of the participants in Jeff Bezos's upcoming space mission. Justin Sun is set to fly as a crew member aboard the New Shepard rocket.
His involvement highlights his interest in both technological innovation and pioneering achievements beyond the blockchain space, further reinforcing his reputation as an industry trailblazer.
