TechFlow news, June 18 — According to CoinDesk, SEC filings reveal that Sun Yuchen's father, Sun Weike, has gained control of publicly traded SRM Entertainment through a $100 million TRX token PIPE transaction. The company will be renamed Tron Inc. The deal was arranged by Dominari Securities, linked to the Trump family. Upon completion, Sun Weike will serve as chairman of the board, and several Tron-affiliated executives will join key company committees. Although not directly involving Tron DAO, the move is seen as orchestrated by its core management. The new company plans to follow the MicroStrategy model, eventually holding up to $210 million worth of TRX as strategic assets.
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