SRM Entertainment, a producer of theme park merchandise, plans to rename itself Tron and has appointed Justin Sun as an advisor, causing its stock price to surge by over 580%. The company is collaborating with Dominari Securities to facilitate a reverse merger that will allow Tron to debut on Nasdaq. Alongside a significant $100 million equity investment from a private investor, SRM is set to adopt Tron (TRX) as a treasury reserve asset, signaling its intent to integrate more deeply with the cryptocurrency space. Sun highlighted Tron's ambition in cross-border settlements using stablecoins. This merger follows a legal case where the SEC accused Sun and his companies of market manipulation. Sun also has strong ties with the Trump family through his advisory role at Dominari.

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