SRM Entertainment completes $100M TRON treasury launch

SRM Entertainment (SRM) announced the staking of its treasury holdings of 365,096,845 TRON tokens through JustLend which enhances TRX staking yield to up to 10% per annum by combining standard staking reward and energy renting. This move follows its closing of a $100,000,000 investment earlier this month to launch a TRON treasury strategy. The Company is focused on creating long-term value for shareholders by capitalizing on the global adoption of cryptocurrency, blockchain and digital innovation. SRM recently appointed Weike Sun as Chairman of its Board of Directors and entered into agreement with TRON Blockchain Founder Justin Sun, who has joined its strategic advisory board. To further leverage the substantial TRX Treasury holdings, SRM plans to implement a dividend policy. The Company plans a name change to TRON Inc. to better reflect its new strategy.