Tron Inc. (Nasdaq: TRON), the company associated with the TRON blockchain, officially commenced trading on Nasdaq on July 24, 2025. This significant milestone was celebrated with TRON founder and Global Advisor Justin Sun ringing the Nasdaq opening bell in Times Square.
The company’s public listing was achieved through a reverse merger with SRM Entertainment, a previously publicly traded firm. “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,” stated Rich Miller, CEO of Tron Inc., in a press release.
Prior to its rebrand and ticker change on July 17, 2025, SRM Entertainment was known as a designer and manufacturer of licensed media-themed merchandise for major theme parks. Now, as Tron Inc., the company bills itself as a “pioneer in integrated blockchain asset management strategies” and proudly holds the largest amount of TRX tokens among publicly traded entities, with an initial treasury of 365,096,845 TRX tokens (valued at roughly $111 million).
The TRON stock (formerly SRM) has seen considerable movement on Nasdaq, with its main price increase occurring in mid-June 2025 following initial rumors of the public listing. At the time of writing, the stock is trading around $9.Interestingly, the native TRX coin showed a more muted reaction to the official listing announcement. Its primary price surge had already occurred earlier, driven by unconfirmed reports and the rebrand news. TRX is currently trading around $0.31.
Justin Sun’s involvement in this Nasdaq listing further highlights his multifaceted interests in technological innovation. Beyond the blockchain space, Sun is also slated to fly as a crew member aboard Jeff Bezos’s New Shepard rocket on its upcoming NS-34 space mission, reinforcing his reputation as a trailblazer exploring frontiers both digital and physical.
July 2025, Cryptoniteuae
