Tron Files with SEC to Enable $1 Billion Capital Raise

Tron Inc. has filed a Form S-3 shelf registration with the U.S. SEC, enabling it to raise up to $1 billion through future offerings of a broad range of securities. These may include common and preferred stock, debt instruments, warrants, rights, or any combination of these instruments.Notably, this move does not indicate an immediate capital raise. Instead, it grants Tron Inc. the flexibility to issue securities over time based on market conditions and strategic priorities. Each offering will be outlined in separate prospectus supplements.The filing comes amid major branding and structural changes . Formerly known as SRM Entertainment, the company rebranded to Tron Inc. this month. In parallel, it updated its Nasdaq ticker to “TRON,” a move that aligns more closely with its blockchain strategy. The company now holds the largest known reserve of TRX tokens among publicly traded entities.TRX Treasury ReserveNotably, Tron Inc. upholds a Treasury Reserve Policy that names TRX tokens as its primary reserve asset, alongside excess cash and short-term investments. The company currently holds 365 million TRX tokens, with no sales to date.Tron Inc. sees TRX as a long-term strategic asset that aligns with the global trend toward blockchain adoption. It plans to accumulate more tokens using proceeds from capital raises, such as equity, debt, or convertible instruments, as well as surplus liquidity.Additionally, the company may use its TRX holdings for staking, collateralized financing, or other yield-generating strategies.$100M PIPE Deal Funded in TRXOn June 16, 2025, the company completed a $100 million private investment in public equity (PIPE) with an institutional investor. The deal included 100,000 shares of Series B Convertible Preferred Stock and warrants for 220 million shares of common stock, fully funded in TRX based on its June 15 closing price.The tokens are in a secure Treasury Wallet overseen by the board and monitored on-chain by Hong Kong-based BiT Global Trust.Bridging Blockchain and Real-World RevenueWhile expanding its crypto strategy, Tron Inc. continues to generate revenue through its physical product business. Via a wholly owned subsidiary, the company manufactures merchandise, including toys and collectibles, for major global theme parks such as Disney, Universal, SeaWorld, and Six Flags.This dual model gives Tron Inc. exposure to both the fast-growing blockchain economy and steady revenue from globally recognized entertainment brands.Shelf Registration Enhances Financial FlexibilityNotably, the shelf registration filed today allows Tron Inc. to conduct multiple securities offerings under a single registration statement. Each offering will be accompanied by a separate prospectus supplement that outlines the terms, including pricing, volume, and the intended use of proceeds.As of July 24, 2025, Tron Inc. shares closed at $8.74. The company now meets all eligibility requirements to use Form S-3 without prior limitations.

Source: The Crypto Basic