SRM Entertainment Inc. announced today, June 16, the signing of an agreement for the sale of securities (SPA) with a private investor for a 100 million dollar capital investment, which SRM will use to start a treasury of the Tron cryptocurrency (TRX).
Dominari Securities, a New York Boutique Investment Bank with links with Donald Trump Jr. and Eric Trump, facilitated the agreement, marking a significant step towards SRM price at Nasdaq.
The company reported which will issue 100,000 preferential actions convertible series B, which will be transformed into 200 million ordinary shares at $ 0.50 per sharetogether with 220 million Warrants (Instruments that allow additional actions at the same price).
Besides, SRM plans to rename as Tron Inc. (Therefore, literally, Tron will quote on Nasdaq) and adopt a dividend policy based on a TRX Staking program.
According to sources that talked with Financial Times, it is expected that «Eric Trump [hijo del presidente Donald Trump] assume a position in the company ». But it was Eric himself who denied that this is true.
The investment, which will reach 210 million dollars after the total year of the Warrantsseeks to “capitalize on the global adoption of cryptocurrencies to generate long -term value for shareholders,” he says.
After the announcement, SRM shares fired from 1 dollar to almost 6 dollars. Justin Sun, appointed company advisor, reinforces its strategic role in the project.
Sun maintains commercial ties with the Trump family. In September 2024, he joined as an advisor to World Liberty Financial (WLF), a platform bossesed by the Trump, after investing 30 million dollars in the project, as reported by cryptootics.
This link was strengthened after a federal judge suspend In February 2025 a demand from the Sun against Sun, Started in 2023 For alleged irregularities in the supply and promotion of cryptoactives, after a joint motion between the regulator and the entrepreneur.
SRM’s operation aligns with a growing trend: More and more companies adopt treasury in Bitcoin (BTC) and Altcoins as Ether (eth), Solana (Sun) and now TRX.
This model, popularized by Michael Saylor, president of Strategy, It implies accumulating digital assets as a reservation asset by debt issuanceallowing to expand holdings without depending on operational income.
