🌙 Tron Plans to Go Public

The Layer 1 blockchain plans to go public via reverse merger with a Trump-linked company.

Author

Mike Gavela
June 16, 2025

In partnership with

Crypto Roundup - June 16

Crypto markets are watching closely as Tron’s plan to go public raises concerns about transparency and controversial connections to the Trump family. Meanwhile, Sharplink’s stock tumbled sharply after corporate clients signaled heightened caution about crypto exposure. In traditional finance’s latest push into blockchain, JPMorgan has filed a trademark for a proprietary stablecoin, hinting at an expanding role for big banks in digital asset settlements.

Top Stories

  • Tron eyes public listing while facing scrutiny over links to Trump family business interests.

  • Sharplink stock plunges as corporations tighten controls on crypto-related risks.

  • JPMorgan files stablecoin trademark, signaling deeper institutional entry into blockchain payments.

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TOP STORIES

Tron’s Plans to Go Public Raise Eyebrows Over Trump Family Ties - "The Defiant"

The Layer 1 blockchain plans to go public via reverse merger with a Trump-linked company.

thedefiant.io/news/blockchains/tron-s-plans-to-go-public-raise-eyebrows-over-trump-family-ties

SharpLink Slides as Corporations Crank Up Crypto Risk - "The Defiant"

Corporations continue to buy altcoins such as FET, HYPE, and XRP, despite SBET plummeting.

thedefiant.io/news/tradfi-and-fintech/sharplink-slides-as-corporations-crank-up-crypto-risk

JPMorgan files 'JPMD' trademark, hinting at possible stablecoin offering

JPMorgan's 'JPMD' trademark filing suggests a potential stablecoin offer, expanding its digital asset services like payment and settlement.

cryptobriefing.com/jpmorgan-stablecoin-trademark-application

FUNDRAISING

Investing in Yupp - a16z crypto

a16z crypto is a venture capital fund that has been investing in crypto and web3 startups — across all stages — since 2013.

a16zcrypto.com/posts/article/investing-in-yupp

OTHER HEADLINES

Justin Sun’s new stock SRM rallied 67% before Tron merger news

Within one minute of a pre-market announcement, SRM rallied from $1.70 to $2.25 per share. Just an hour later, it hit $6.70.

protos.com/justin-suns-new-stock-srm-rallied-67-before-tron-merger-news

Metaplanet hits 10,000 BTC holdings, overtakes Coinbase Global with latest 1,112 Bitcoin purchase

The company also announced the issuance of zero-interest bonds worth $210 million to fund its Bitcoin purchases.

www.theblock.co/post/358191/metaplanet-hits-10000-btc-holdings-surpasses-coinbase-global

Trump raked in $57M income from family crypto firm — seven-figures from guitars, sneakers, watches and books: financial disclosure

The president’s stock and bond investments span 145 pages of the document, which also shows he received north of $700,000 in fees for speaking engagements.

nypost.com/2025/06/13/us-news/trump-raked-in-57m-income-from-family-crypto-firm-seven-figures-from-guitars-sneakers-watches-and-books-financial-disclosure

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