Tron Looks to go Public in the U.S., Form Strategy Like TRX Holding Firm: FT

Tron, the blockchain founded by billionaire Justin Sun, is looking to spell nationalist successful the U.S., the Financial Times reported connected Monday.

Tron volition spell nationalist via a reverse merger with Nasdaq-listed SRM Entertainment, the study said, citing radical acquainted with the matter. The woody is being managed by Dominari Securities, an concern steadfast with ties to the Trump family, the study added.

The caller steadfast volition bargain and clasp Tron's TRX TRX, akin to Michael Saylor-led bitcoin BTC holding steadfast Strategy (MSTR).

TRX jumped astir 4% to 28 cents aft the FT study was published.

Tron did not instantly respond to CoinDesk's petition for comment.