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https://www.gate.com/announcements/article/45974
SRM Entertainment launches a TRON treasury strategy worth 100 million USD
SRM Entertainment (Nasdaq: SRM), the public company holding the largest TRON (TRX) in the world, has just announced that it successfully staked 365,096,845 TRX through the JustLend platform, yielding staking returns of up to 10% per year thanks to the combination of staking rewards and energy leasing.
This move comes after the company completed a $100 million investment to implement the TRON treasury strategy. SRM has also appointed Mr. Weike Sun as Chairman of the Board and brought TRON founder – Justin Sun – onto the strategic advisory board.
To optimize the value from the TRX treasury, SRM plans to implement a dividend policy and rebrand as TRON Inc., reflecting a new direction focused on blockchain and digital assets.