According to ChainCatcher, influenced by the news of "SRM Entertainment receiving a $100 million investment from Tron and planning to rename to Tron Inc", SRM Entertainment (SRM) stock continues to rise, currently reported at $9.38, with a surge of 546.91%.
Previous news indicated that SRM plans to rename to Tron Inc and sign a $100 million equity financing agreement, initiating a TRX treasury strategy. Tron is expected to conduct a reverse merger with SRM Entertainment to go public, with the transaction handled by Dominari Securities, a boutique investment bank based in New York and connected to Donald Trump Jr. and Eric Trump, mimicking Strategy's (formerly MicroStrategy) strategy of purchasing and holding Tron tokens (TRX).
