The American company Tron Inc., aims to increase its treasury in the cryptocurrency of the same name, Tron (TRX), by issuing corporate debt.
The company has filed an application with the U.S. Securities and Exchange Commission (SEC) to authorize the issuance of up to $1 billion in securities. The offering would include common stock, preferred stock, debt instruments, warrants, and purchase rights, all individually or in combination.
According to the document filed with the SEC on July 26, the company may sell the securities directly to the public or through authorized agents, banks, or intermediaries. The company clarifies that no securities may be offered without the simultaneous publication of these documents, and that the price per unit and estimated net proceeds will be announced with each specific transaction.
This strategy is part of the corporate transformation of the now-renamed Tron Inc., a company that previously reported a deal with a private investor for $100 million. That initial capital was used to establish a treasury of assets in TRX. The deal was facilitated by Dominari Securities, a New York-based investment banking firm with connections to Donald Trump Jr. and Eric Trump, the sons of the US president.
In June 2025, SRM announced its intention to rename itself Tron Inc. and adopt a dividend policy tied to TRX staking. As part of the recapitalization process, it issued 100,000 Series B convertible preferred shares. These will be converted into 200 million common shares, with a conversion price of $0.50. 220 million coupons were also issued to purchase shares at the same price.
The financing plan reinforces Tron Inc.'s strategic repositioning as a hybrid firm between the traditional capital markets and the cryptocurrency ecosystem. The financing proposal now awaits an official ruling from the SEC, which will determine whether or not to authorize the transaction.