On July 24, 2025, the blockchain industry became the focus once again. The controversial blockchain entrepreneur Sun Yuchen, as a strategic advisor, led the TRON platform (formerly SRM) to log in to the New York Stock Exchange. This move not only marked the successful entry of the world's first public chain project into Nasdaq but also triggered an astonishing 647% rise in stock price overnight.

The listing was achieved through a reverse merger, with SRM Entertainment serving as the shell company for this transition. Notably, the investment bank Dominari Securities, which was responsible for this operation, has close ties to the Trump family and is headquartered within Trump Tower.

The newly established Tron Inc. has announced an exciting strategy: to become the world's largest listed TRX holding institution with the "TRON Treasury" as its core. The company has written 365,096,845 TRX into its financial report and has staked them all on the JustLend platform. Even more noteworthy is the company's commitment to formulate a dividend policy that directly distributes on-chain earnings to shareholders.

The significance of this listing event is not limited to the renaming of a single company or a rise in stock prices; it represents an important step towards the compliance and capitalization of Blockchain assets. For the entire industry, this is a milestone event for the true realization of on-chain assets.

The transformation of SRM Entertainment can be described as rapid and thorough. This theme park derivatives company, established in 1981 and headquartered in Florida, underwent a radical change in just ten days: its stock price skyrocketed nearly tenfold, it rebranded and changed leadership, and incorporated a complete blockchain project into its Wall Street financial report. Now, it has been renamed Tron Inc and made its debut on NASDAQ under the TRON code, marking the beginning of a new chapter.

This event will undoubtedly have a profound impact in the intersection of cryptocurrency and traditional finance, and it also provides new ideas and possibilities for other blockchain projects to enter the mainstream capital market.