Publicly listed company Tron Inc. receives $18 million strategic investment from Justin Sun
BlockBeats News, December 29, Nasdaq-listed company Tron Inc. (TRON) announced that it has received a strategic equity investment of $18 million from TRON blockchain founder Justin Sun. The investment was made through Black Anthem Limited, subscribing to the company's restricted common shares at a price of $1.3775 per share.
Tron Inc. stated that the related funds will mainly be used to significantly expand the TRX treasury reserves, further consolidating its position as the most representative listed company in the TRON ecosystem and one of the major global corporate holders of TRX.
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