The throne of Justin Sun is a public, reverse merger under the guidance of Trump associated with Trump

Justin Song, founder of the Blockchain Tron Platform, poses for photography in Hong Kong, May 8, 2020.

Calvin to sit Bloomberg | Gets the image

Crypto Company Justin Song Tron intends to enter the public market through the backfill with the manufacturer of custom toys and souvenirs for the world’s largest parks.

SRM Entertainmentsupplier of goods made on NASDAQ, which has a license DysneUniversal Studios (owned by CNBC NBC Universal) and SeaWorld, said on Monday that he raised $ 100 million from a private investor for a purchase Tron The tokens, and will issue prevailing shares and ensure that they estimate the transaction up to $ 210 million.

SRM said he plans to rebranded as Tron Inc. and Sun joined the Advisor. SRM shares increased by 460% after the announcement, raising the market capitalization to about $ 140 million.

For Sun, which was previously accused of fraud with securities SEC President Donald Trump The second term.

A Court supply In February showed that Sun and SEC studied permit The case of civil fraudAs part of the Trump administration administration in the forced execution actions adopted during the four years of President Joe Biden.

This filing appeared after Sun, in January increased its share in the Crypto Bank Family Shamen Bank Financial tokens to $ 75 million. The sun, born in China, later acquired a meme marker president, winning the competition The best ownersand lifting the fate in Trump-The riders are up to $ 97 million.

SRM’s proposal was organized by Dominari Securities, an investment bank boutique whose parent company recently attracted attention to its Binds to Trump’s family. Joined Donald Trump -Jr. and Eric Trump Advisory Board Dominari Holdings Earlier this year, shortly before the firm’s shares rose.

SRM said he would supply Tron token, spread dividends and build long -term shareholder value by exposure of digital assets, mimicing the buycoin buying tactics in which Michael Caillar was popularized Strategy.

Tron is a Blockchain network that is considered a Solana competitor. He claims to offer a low transaction fee with the ability to process a large number of transactions per second and is designed to move stable and other digital assets.

See: President Trump holds dinner with a meme coin

President Trump holds dinner with a meme coin

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