Entertainment company SRM signs $100 million equity financing agreement to launch TRX token reserve strategy
2025-06-16 12:50:02
Entertainment company SRM Entertainment, Inc. (NASDAQ: SRM) announced that it has signed a Securities Purchase Agreement ("SPA") with a private investor in the form of a $100 million equity investment, which SRM will use to launch the TRON Token (TRX) treasury strategy. In addition, TRON Blockchain founder Justin Sun has been appointed as an advisor to the company. In addition, the company plans to change its name to Tron Inc. The value of this strategic investment will reach $210 million under the full call-over of the warrants.
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