SRM Entertainment's stock price continues to rise, surpassing $9, with an increase of over 500%

ChainCatcher news, influenced by the news that "SRM Entertainment receives $100 million investment from Tron and plans to rename itself as Tron Inc," the stock price of SRM Entertainment (SRM) continues to rise, currently reported at $9.38, an increase of 546.91%.

Previous news, SRM plans to rename itself as Tron Inc and has signed a $100 million equity financing agreement to initiate the TRX treasury strategy. Tron is expected to conduct a reverse merger with SRM Entertainment to achieve listing, with the deal being managed by the boutique investment bank Dominari Securities, based in New York and connected to Donald Trump Jr. and Eric Trump, and mimicking the strategy of Strategy (formerly MicroStrategy) to buy and hold Tron tokens (TRX).