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Home»Altcoins»TRON Microstrategy beats Alibaba, tence in front of the IPO
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TRON Microstrategy beats Alibaba, tence in front of the IPO

June 17, 2025No Comments3 Mins Read
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Key notes

  • The thrust follows the announcement of the reversed merger of the Tron group with SRM Entertainment.
  • SRM Entertainment’s equity price jumped 533.79% during the negotiation session on Monday, closing at $ 9.19.
  • Tron Group should become a public in the United States via a reversed merger with SRM entertainment classified at NASDAQ, avoiding the traditional IPO process.

The founder of Tron Justin Sun said that SRM Entertainment, alias Tron Microstrategy, had exceeded technology giants like Alibaba and Tencent in terms of daily trading volume. This happened while the Tron group announced its intention to make public via an inverted merger with SRM Entertainment on Monday, June 16. In addition, the group said that the new entity will soon begin to build its Tron

Trx
$ 0.28



24h volatility:
0.9%


COURTIC CAPESSION:
$ 26.34 B



Flight. 24 hours:
$ 1.12 B

Reserves.

The microstrategy trading volume crosses $ 1.8 billion

While referring to SRM Entertainment as a rod, Justin Sun noted that the company has taken an important step with daily negotiation volumes by crossing $ 1.8 billion to the news of an inverted merger.


Sun has highlighted the high enthusiasm of the market surrounding the initiative, declaring: “It is clear that people and the market are very enthusiastic about this initiative. We will continue to work hard. “

The realization reflects an increasing confidence in the offers of the trondon because it gains ground in the wider cryptography ecosystem.

I just saw that the microstrategy trading volume exceeded that of Alibaba ($ 1.19 billion) and Tencent ($ 700 million).

– Il Justin Sun 🍌 (@justinsuntron) June 17, 2025

During negotiations on June 16, the SRM Entertainment action course jumped by a huge 533.79%, closing at $ 9.19. On the weekly graphic, the share price jumped more than 1,000% compared to the stockings of $ 0.82, exceeding $ 9.0.

The public list of the eyes of the Justin Sun Tron group with reversed fusion

According to a Financial Times report, the Justin Sun Tron group is preparing to make public in the United States by a reversed merger with SRM entertainment classified in NASDAQ, after previous clashes with the American authorities. This approach allows Tron to bypass the traditional IPO process.

The newly merged entity of the Tron group will be renamed to “Tron Inc.” Dominari Securities, an investment bank in stores linked to President Donald Trump, will facilitate this merger.

After the list, Tron Inc. will line up with the Tronmong Tonmongy model of regular cryptocurrency acquisitions, holding the Tron tokens as a key reserve asset in its treasure. The company plans to launch its reserve operations with $ 210 million in token assets, according to sources familiar with the issue.

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

Tron (TRX) News, Altcoin News, Cryptocurrency News, News

Bhushan Akolkar

Bhushan is a fintech enthusiast and has a good flair in understanding the financial markets. Its interest in the economy and finance draws its attention to the new technology of emerging blockchain and the markets of cryptocurrencies. He is permanently in a learning process and motivates himself to share his acquired knowledge. In free time, he reads fiction novels to thriller and sometimes explores his culinary skills.

Bhushan Akolkar on x





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