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