Justin Sun, the founder of the Blickchain Platform Tron, is a photograph in Hong Kong, 8. May 2020. years.
Calvin Sit | Bloomberg | Getti images
The CRIPTO Compani Tron Justin SUN is set to the public market through reverse merging with the manufacturer of customized toys and souvenirs for the world’s largest themed parks in the world.
SRM ENTERTAINMENTthe supplier of goods on NASDAD as specified in the lists that have licensing relationships DisneyUniversal Studies (owned by CNBC Parents NBC Universal) and Seavorld, said on Monday that from a private investor will collect 100m dollars of $ 100 million Tron Tokens and will betray the desirable actions and orders that value up to $ 210 million.
SRM said he was planning to rebuild as Tron Inc., and the sun joins as an advisor. SRM shares increased 460% after the announcement, raising the company’s market hat at about $ 140 million.
For the Sun, previously accused of securities fraud to SEC, the announcement is the latest well-being in what was a dramatic reversal of wealth from the beginning President Donald Trump Another term.
A Court application In February, it turned out that the sun and SEC were exploring resolution on Civil Fraud caseAs part of unwrapping the coiled action of the Trump administration undertaken during President Joe Biden for four years.
That logging came after the Sun, in January, he enrolled in the shares in the tokens issued by Cripto Bank Liberty Football Bank Trump banks Financial to $ 75 million. The sun, who was born in China, later bought the president’s meme token, winning the competition for upper bracketsand raising the role in Abdomen– Token tokens at least $ 97 million.
SRM’s offer agreed with the dominars of securities, boutique of the investment bank whose parent company recently turned attention Links with Trump’s family. Donald Trump Jr. And Eric Trump joined Dominovski Host Advisory Board Earlier this year, soon before the company’s share price stopped.
SRM said Tron token, distribute dividends and build a long-term value of shareholders through digital asset exposure, imitating the tactics that purchases Bitcoin that Michael Sailor popularized Strategy.
The throne is a block of net that is considered a salt solanium. He claims to offer low transaction fees with the possibility of processing a large number of transactions per second and is intended to move stablecoins and other digital assets.
