Tron Inc., 10%↓ Compared to Previous Day Despite Nasdaq Opening Bell

Uk Jin

Summary

Tron Inc. reported that its stock price fell by 10.68% compared to the previous day, despite the Nasdaq opening bell ceremony.
Tron Inc. announced that it acquired SRM Entertainment by paying 355,096,845 TRX tokens and changed its company name.
The company said it is pursuing a financial strategy utilizing TRX tokens, plans to secure staking yields, and intends to implement a dividend policy in the future.

Tron Inc., led by the virtual asset (cryptocurrency) Tron (TRX), ended lower.

According to the Nasdaq Stock Exchange on the 24th (local time), Tron closed the day at $8.74, down 10.68% from the previous day.

On this day, Tron Inc. held the opening bell ceremony at the U.S. Nasdaq stock market. The event was personally led by Justin Sun, the founder of the Tron blockchain and global advisor to Tron Inc.

Founder Sun said, "(This event) is a symbolic occasion signaling Tron's bold transformation toward next-generation technology and digital innovation."

Previously, Tron acquired SRM Entertainment and entered the Nasdaq. As consideration for the shares, 355,096,845 TRX tokens were paid. Subsequently, the company changed its name to Tron Inc.

Tron Inc. is pursuing a financial strategy utilizing TRX tokens. The company plans to secure staking yields by utilizing TRX stored in the custody wallet designated by the board, and to implement a dividend policy in the future.

TRX