tron’s Unconventional Path to Public Markets
Tron, the blockchain platform lead by Justin Sun, took an unusual route to go public.On June 16, it merged with SRM Entertainment, a small Nasdaq-listed company. This reverse merger valued Tron at up to $
TRUMP Token Sale Raises $148 Million, Sparking Transparency Concerns
The recent TRUMP token sale has raised approximately $148 million, with a important portion coming from anonymous and international wallets. This campaign aims to boost the token’s visibility and distribution. However, the funding’s lack of transparency has raised eyebrows, especially in the context of political crypto fundraising.
Donald Trump’s stance on digital assets has evolved. Once calling Bitcoin a “scam,” he now supports crypto, strengthening ties with investors like Justin Sun. This shift has fueled the alliance between Trump’s network and crypto enthusiasts.
On the global stage, Tron’s Justin Sun announced the integration of the USD1 stablecoin.
At the Token2049 event in Dubai, Sun, alongside Eric Trump and WLFI co-founder Zach Witkoff, announced Tron’s partnership with World Liberty Financial (WLFI) to integrate USD1. This stablecoin, pegged to the U.S. dollar, aims to reach a global audience. Witkoff noted that USD1 will be natively integrated into Tron, with an initial minting of hundreds of millions of dollars.
HTX, Sun’s crypto exchange, was the first to list USD1, expanding its market reach. the same day, WLFI was involved in a $2 billion investment deal between abu Dhabi’s MGX and binance, selecting USD1 as the official settlement token. However, Binance’s legal troubles in the U.S. sparked criticism.Senator Elizabeth Warren called the deal “corruption,” warning about political stablecoins used by foreign interests for influence.
Despite criticism, the Senate passed the GENIUS Act on June 17. The act focuses on stablecoin oversight but faces opposition due to potential exploitation by politically connected families.
In February 2025, the U.S.SEC paused a civil fraud lawsuit against Sun and the Tron Foundation. The agency cited settlement discussions. Over the following two months, the SEC paused or dropped at least a dozen crypto-related enforcement actions.
Senator Jeff Merkley introduced the “End Crypto Corruption” bill in May 2025. The legislation proposes restrictions on federal officials from participating in crypto ventures. The bill has 22 Democratic co-sponsors but faces challenges in a Republican-majority Senate.
Tron Inc.’s public listing has drawn attention to the role of crypto firms in traditional financial markets. Reverse mergers, though legal, are subject to scrutiny, especially with foreign sponsors or entities with compliance issues. The SEC’s guidance mentions risks associated with such listings.
Major Crypto Exchange Launches New Trading Features
A leading crypto exchange has unveiled exciting new trading features. These updates aim to enhance user experience and attract more traders. The platform now offers advanced tools for both beginners and seasoned investors.
One key addition is a simplified trading interface. This makes it easier for newcomers to navigate the platform. Users can now execute trades with just a few clicks. This user-kind design is a game-changer for crypto enthusiasts.
another highlight is the introduction of margin trading. This feature allows users to borrow funds to increase their buying power. It’s a powerful tool for those looking to maximize profits.Though, it comes with risks.Users should educate themselves before diving in.
The exchange also improved its security measures. Enhanced encryption and two-factor authentication protect user funds. safety is a top priority in the crypto world. These upgrades give traders peace of mind.
These updates come at a crucial time. The crypto market is growing rapidly. More people are entering the space. This could boost the exchange’s popularity.
For more details, visit the official website. Stay tuned for future updates in the crypto space.
