According to @justinsuntron, Tron is effectively going public on the NASDAQ through a reverse merger with SRM Entertainment, which will be renamed Tron Inc. A recent SEC filing details a $100 million private investment in public equity (PIPE) deal, paid entirely in TRX tokens, which gives Justin Sun’s father, Weike Sun, control of the board. The newly formed Tron Inc. plans to adopt a treasury strategy similar to MicroStrategy by buying and holding up to $210 million in TRX, according to the Financial Times. For traders, this deal presents a potential stablecoin infrastructure play, offering public market exposure to a network that, according to DeFi Llama data, handles 30% of all stablecoin transactions. Despite the strategic potential, the initial market reaction was negative, with SRM stock falling 15% to $7.73 and the TRX token dropping 2.5% to $0.27. In broader market news, a CoinShares report noted digital asset investment products saw $1.9 billion in inflows last week, with Bitcoin (BTC) and Ethereum (ETH) leading the charge.