SRM Entertainment, a Nasdaq-listed firm, has announced plans to rebrand as Tron Inc. and create a TRX treasury of up to $210 million. This initiative will be funded through a $100 million equity investment from a private investor. Justin Sun, the founder of Tron, will join the company as an adviser. Additionally, the rebranding will involve the issuance of 100,000 shares of Series B convertible preferred stock, convertible into 200 million shares of common stock at $0.50 per share, and warrants for 220 million shares at the same price. The move reflects a significant investment strategy aimed at establishing a robust TRON treasury. Following the treasury implementation, Tron Inc. plans to initiate a dividend policy alongside a TRX staking program. The announcement comes amid improved relations with U.S. regulators, as the SEC recently pursued settlement discussions with Sun. This regulatory thaw has also seen Sun gain recognition for purchasing a substantial share of Trump's official memecoin. Future plans for Tron Inc. include emphasizing the growing real-world applications of blockchain and stablecoins.

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