As a prominent figure in the Crypto Assets industry, Sun Yuchen and the TRON blockchain project he created have once again become the focus of the industry. The latest news indicates that TRON is planning to bypass the complex review process of traditional IPOs through a Reverse merger strategy to directly enter the NASDAQ market.

The complexity of this financial operation far exceeds the surface. According to trading disclosure documents, the actual executor of this investment is not Sun Yuchen himself, but rather his father, who plans to complete the equity investment with TRX tokens worth $100 million. More notably, the team responsible for coordinating this transaction has close ties to the Trump family. As this news sparked heated discussions in the market, Trump's second son Eric quickly issued a statement through social media to distance himself from the situation. This urgent "cut-off" action instead adds a layer of mystery to this capital operation intertwined with political and business elements.

The core strategy of this transaction focuses on Tron seeking a shortcut to quickly enter the U.S. financial market. According to the formal documents submitted to the SEC, Tron’s specific plan includes: implementing a reverse merger with SRM Entertainment, a toy product manufacturer already listed on Nasdaq. After the transaction is completed, SRM will be renamed "Tron Inc.", and Sun Yuchen himself will serve as an advisor to the new company. This model seems to reference the business model of the well-known company MicroStrategy in the crypto assets field.