Tron (TRX) Important Signal: SRM Entertainment has been renamed to Tron Inc, TRON plans to go public in the United States.

Tron (TRX) reported today (17) in the Asian morning session at 0.3095 USD, with a daily pump of over 2%. Nasdaq-listed company SRM Entertainment (SRM) has announced its name change to Tron Inc., as part of its shift towards a TRX financial strategy.

SRM Entertainment has renamed itself to Tron Inc. following the TRX financial plan.

According to a press release published on Wednesday, toy manufacturing company SRM Entertainment has officially changed its name to Tron Inc. In addition to the name change, the company will also begin using a new Nasdaq stock code TRON starting Thursday.

The company raised $100 million through stock issuance and launched the TRON ( strategy. The company claims that since June 30, it has purchased over 365 million TRX with these funds, making it one of the largest holders of TRX among publicly listed companies.

SRM indicates that it has staked its held TRX tokens on the Tron-based lending platform JustLend to earn staking rewards of up to 10% per year.

Rich Miller, CEO of SRM Entertainment, stated: “We believe that TRX will continue to play a key role in establishing the next generation of global payment rails and more inclusive financial infrastructure, providing low-cost and fast transaction capabilities around the clock.”

According to reports, TRON plans to go public in the United States, and there are rumors that it may conduct a reverse merger with SRM Entertainment.

This move adds SRM Entertainment to the list of publicly traded companies that have launched meme coin bonds in recent months, including SharpLink Gaming, DeFi Development Corp, and Bit Digital.

After the news was announced, SRM closed up over 50% on Wednesday, but slightly declined in after-hours trading.