Tron, Nasdaq-listed firm previously recognized for promoting theme park souvenirs, has filed to register as much as $1 billion in securities because it shifts its core technique towards constructing a crypto treasury centered on TRX, the native token of the Tron blockchain.
Key Takeaways:
- Tron Inc. plans to boost as much as $1B to construct a TRX-based crypto treasury.
- The technique follows Technique’s mannequin however includes a much less liquid token with greater danger.
- Governance issues come up because of shut ties between the corporate and Tron ecosystem insiders.
In keeping with a regulatory submitting submitted Monday, the corporate intends to subject inventory, debt, and different monetary devices “occasionally.”
The proceeds are slated for the acquisition of TRX tokens and extra methods designed to “set up revenue streams or in any other case generate funds” from its holdings.
Tron Inc. Adopts Technique-Fashion Treasury Mannequin, However with TRX
The strategy mirrors the high-profile crypto treasury mannequin popularized by Michael Saylor’s Technique.
Nonetheless, in contrast to Saylor’s guess on Bitcoin, Tron is committing to a token with decrease liquidity and a narrower investor base.
The corporate warned that “a decline in TRX costs or waning investor curiosity” may influence its skill to boost future capital.
In its submitting, Tron disclosed that its conventional toy and memento enterprise “didn’t generate optimistic money movement from operations” in 2024.
With out a turnaround in that division, the agency stated it plans to depend on proceeds from fairness or debt choices to satisfy obligations.
Governance issues loom over the pivot. Whereas the corporate notes no formal function for Tron founder Justin Solar, its board is chaired by Solar’s father, Weike Solar.
From leisure to blockchain innovation.
Tron Inc. (previously SRM Leisure) is now formally #NasdaqListed beneath its new title, pioneering blockchain-integrated treasury methods.
Congrats on this milestone, $TRON! pic.twitter.com/OAn8Lp3pW0
— Nasdaq Alternate (@NasdaqExchange) July 24, 2025
Moreover, it features a Tron DAO advisor and Tronscan’s lead developer.
The $100 million in Tron used to fund a reverse merger in June was held by a Hong Kong belief the place one in every of Tron Inc.’s administrators additionally serves, elevating issues of entanglement between the agency and the broader Tron ecosystem.
TRON Blockchain Surpasses Ethereum in USDT Provide
As reported, the TRON blockchain has surpassed Ethereum because the main blockchain for USDT, now internet hosting $80.8 billion in provide versus Ethereum’s $73.8 billion.
Day by day transaction counts for USDT on TRON are practically seven instances greater than Ethereum’s, and the community processes over $24.6 billion in USDT transfers every day, reinforcing its dominance in stablecoin liquidity and utilization.
The community’s development is being fueled by its gasless transaction mannequin, which now accounts for 75% of all exercise.
TRON recorded 273 million transactions in Could and 28.7 million lively addresses in June—its highest since mid-2023. The benefit of entry has made TRON a preferred hub for frictionless onchain companies.
TRON’s DeFi ecosystem can also be increasing. SunSwap’s month-to-month volumes have held above $3 billion, whereas lending protocol JustLend has seen borrowing exercise rise 23% year-over-year.
Stablecoin use is rising throughout these platforms, with USDT and USDD driving many of the engagement and displacing WTRX’s prior dominance.
Regardless of providing gasless options, TRON posted a document $308 million in price income in June, pushed by superior DeFi companies.
The submit Tron Inc. Registers $1B in Securities to Pivot Into TRX-Targeted Crypto Treasury appeared first on Cryptonews.