Tron Inc. added $110 million in TRX to its treasury after a fresh investment from Bravemorning, boosting total holdings to over $220 million.
Nasdaq-listed Tron Inc., which launched in June following a reverse merger with SRM Entertainment, doubled its TRX accumulation, adding $110 million in tokens to increase its treasury holdings to over $220 million.
The new investment came after Bravemorning Limited, Tron’s biggest shareholder, exercised warrants to invest an additional $110 million, adding 312.5 million Tron (TRX) tokens to the company’s treasury, according to a Tuesday news release.
“With this additional $110 million investment from our largest shareholder, Tron Inc. has strengthened its position as the largest public holder of TRX tokens,” said Tron Inc. CEO Rich Miller.
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