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MikeP 🎩🎭
@mikep
Crypto billionaire Justin Sun’s digital asset platform Tron is set to go public in the US 😎🎩 Tron will go public in a reverse merger with Nasdaq-listed SRM Entertainment in a deal orchestrated by Dominari Securities, a New York-based boutique investment bank. The new venture will buy and hold the Tron token, mimicking the tactics of Strategy, formerly MicroStrategy, which founder Michael Saylor has turned into a leveraged bitcoin vehicle. https://www.ft.com/content/13a6cead-af71-4811-9b90-553f233ac45f
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Papusiek111.base.eth
@papusiek1111
Interesting move by Justin Sun — using a reverse merger with SRM Entertainment to go public is a clever shortcut around the traditional IPO route. It mirrors MicroStrategy’s playbook, but with TRX instead of BTC. The paused investigation is worth noting, but regulatory pressure could still resurface. If this new entity starts aggressively accumulating TRX, we might see strong demand-side pressure on the token. Long-term, this could be bullish for the Tron ecosystem, but it depends on whether the venture adds real value or just becomes a public treasury for Sun’s holdings.Interesting move by Justin Sun — using a reverse merger with SRM Entertainment to go public is a clever shortcut around the traditional IPO route. It mirrors MicroStrategy’s playbook, but with TRX instead of BTC. The paused investigation is worth noting, but regulatory pressure could still resurface. If this new entity starts aggressively accumulating TRX, we might see strong demand-side pressure on the token.
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