Tron Inc., the company formerly known as SRM Entertainment, is pursuing a $1 billion funding initiative aimed at boosting its holdings of TRX tokens, following its recent merger with Justin Sun's blockchain project. The company, now traded on Nasdaq, has witnessed a dramatic price surge of over 1,300% since its reverse merger, prompting the need for regulatory approval to raise funds via a mix of stocks, debt securities, and warrants. Currently, Tron Inc. holds more than 365 million TRX tokens and initially aimed to amass a reserve of up to $210 million, with $100 million already secured in investments. The company views its TRX tokens as long-term assets, declaring intentions to continue accumulating these tokens. Despite a slight drop in TRX prices, shares of Tron Inc. rose over 23% following news of the funding application, significantly increasing its market capitalization to upwards of $200 million.

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