{"id":160238,"date":"2025-06-17T07:00:09","date_gmt":"2025-06-17T04:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=160238"},"modified":"2025-06-16T23:31:51","modified_gmt":"2025-06-16T20:31:51","slug":"tron-sets-sights-on-wall-street-through-reverse-merger","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tron-sets-sights-on-wall-street-through-reverse-merger\/","title":{"rendered":"Tron Sets Sights on Wall Street Through Reverse Merger"},"content":{"rendered":"

The deal<\/a><\/strong> values the combined entity at roughly $210 million in TRX, Sun\u2019s native token, and will create a \u201cStrategy-style\u201d holding vehicle dedicated to expanding Tron\u2019s ecosystem.<\/p>\n

Markets reacted quickly: TRX jumped nearly 5 percent to about $0.28, briefly leapfrogging Dogecoin for the eighth-largest spot among cryptocurrencies, with both hovering near a $26 billion market cap.<\/p>\n

The move comes less than two years after the SEC sued Sun for alleged market manipulation\u2014charges the agency quietly dropped in February amid a broader pullback from aggressive crypto enforcement.<\/p>\n