Entertainment Company SRM Signs $100 Million Equity Funding Agreement to Launch TRX Token Reserve Strategy

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According to ChainCatcher and Globenewswire, SRM Entertainment, Inc. (NASDAQ: SRM) announced that it has signed a securities purchase agreement (SPA) with a private investor, with a $100 million equity investment that will be used to launch the TRON token (TRX) treasury strategy.

Furthermore, Justin Sun, the founder of TRON blockchain, has been appointed as a company advisor. Additionally, the company plans to rename itself to Tron Inc. If all warrants are exercised, the value of this strategic investment will reach $210 million.

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