Justinsan’s Tron has been made public and reverse merger led by a Trump-related bank

Justin Sun’s Crypto Company Tron is set to hit the open market due to a reverse merger with the world’s largest theme park’s custom toy and souvenir makers.

SRM Entertainmenta product supplier registered with NASDAQ who has licensed transactions. DisneyUniversal Studios (owned by CNBC Parent NBC Universal) and SeaWorld, on Monday, will raise $100 million from private investors to buy Tron Tokens, and issue preferred stock and warrants that value transactions of up to $210 million.

SRM said it plans to rebrand as Tron Inc. and Sun will join as an advisor. After the announcement, SRM shares rose 460%, increasing the company’s market capitalization to around $140 million.

For Sun, who was previously charged with securities fraud by the SEC, the announcement is the latest bounty that has been a dramatic reversal of fate since the start of President Donald Trump’s second term.

A court filing in February showed that the Sun and the SEC were investigating a resolution in a civil fraud case as part of a rewinding of enforcement actions taken during President Joe Biden’s four-year in office.

The filing raised the token shares issued by the Trump family’s Crypto Bank World Liberty Financial to $75 million after coming after the Sun in January. Born in China, Sun later bought the president’s meme token, won a top holder contest, and raised Trump-bound token stock to at least $97 million.

The SRM recruitment was arranged by Dominali Securities, a boutique investment bank whose parent company has recently attracted attention for its connection with the Trump family. Donald Trump Jr. and Eric Trump joined the Dominali Holdings advisory committee shortly before the company’s stock price rose earlier this year.

SRM says it will bet on Tron tokens, distribute dividends and build long-term shareholder value through digital asset exposure, mimicking the popularized Bitcoin purchase tactics by Michael Sillorer strategy.

Tron is a blockchain network considered a rival to Solana. It offers low transaction fees with the ability to process many transactions per second, and is intended to move Stablecoins and other digital assets.

Watch: President Trump will hold a meme coin dinner