Justin Sun Meets US Crypto Leader to Boost TRON’s Role in Digital Asset Policy

Justin Sun, the founder of TRON, recently met with Bo Hines, the Executive Director of the President’s Council of Advisers on Digital Assets, at the White House

ContentsTRON seeks greater political engagement in the USTRON to go Public through reverse merger with SRMMarket response and political reactionsThe discussion focused on how TRON and blockchain innovation can help the United States strengthen its position in the global digital asset landscape. Sun emphasized the importance of political backing, highlighting the GENIUS Act as a catalyst for driving significant policy reforms.

TRON seeks greater political engagement in the US

In a public statement, Sun expressed appreciation for Bo Hines’ support of the GENIUS Act and acknowledged the role of the Digital Sovereignty Alliance in facilitating critical conversations around crypto legislation. Sun stated that the TRON network is positioned to contribute meaningfully to US digital asset leadership, citing innovation, scalability, and growing adoption as key factors. He noted that Hines’ involvement in promoting crypto-friendly regulation represents a pivotal shift in US policy direction.

Hines, a former congressional candidate and rising figure in the Republican Party, has quickly emerged as a key player in shaping national crypto policy. His role as executive director has attracted the attention of major industry figures, including Ripple CEO Brad Garlinghouse and partners from Andreessen Horowitz. Since his appointment, Hines has met with over 50 stakeholders in the crypto space, signaling the administration’s commitment to engaging directly with industry leaders.

TRON to go Public through reverse merger with SRM

In a related move, Sun announced plans to take TRON public in the United States via a reverse merger with SRM Entertainment. SRM, a company known for producing souvenirs and toys, confirmed the deal on Monday, which includes a $100 million equity investment by Sun. The agreement involves issuing preferred shares and warrants, potentially raising the total value to around $210 million. As part of the arrangement, SRM will rebrand to Tron Incorporation and Sun will serve as an advisor. Proceeds from the investment will be used to create a TRON crypto treasury, following a model similar to that of Michael Saylor’s Bitcoin strategy.

Market response and political reactions

Due to the announcement, the price of SRM shares increased by more than 460 percent, thus the market cap of the company reached about 140 million. Despite the fact that, Eric Trump denied his participation in the intended public offering, he expressed solidarity with Justin Sun and went ahead to laud the progress of TRON. He has termed Sun a reputable head in the crypto realm and a close friend. The trends have led to speculations by investors that TRON can gain more ground with party backing and regulatory clarities.