Tron Inc., a publicly traded company, received a strategic investment of $18 million from Justin Sun.

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On December 29, Nasdaq-listed Tron Inc. (TRON) announced that it had received a $18 million strategic equity investment from TRON blockchain founder Justin Sun. The investment was made through Black Anthem Limited, which subscribed to restricted common stock of the company at a price of $1.3775 per share.


Tron Inc. stated that the funds will primarily be used to significantly expand its TRX reserves, further solidifying its position as one of the most representative publicly traded companies in the TRON ecosystem and a major global holder of TRX.

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