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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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The founder of TRON, Sun Yuchen, has recently attracted widespread attention in the fields of Crypto Assets and Blockchain. Since the establishment of TRON in 2017, Sun Yuchen has been committed to building an efficient, Decentralization Blockchain ecosystem that provides a solid infrastructure for various technological applications.
The achievements of TRON are remarkable. Its USDT issuance has surpassed 81.6 billion USD, exceeding both the supply and circulation of Ethereum, which not only lowers the threshold for ordinary people to enter the financial system but also allows more individuals to enjoy the convenience brought by modern technology. These accomplishments have earned TRON the 'Professional Web3.0 Financial Technology Innovation Service Award' at the 'Professional Financial Institution Service Awards 2025' organized by the Hong Kong Commercial Daily.
However, Sun Yuchen's ambitions do not stop there. He adopted an innovative approach to bring TRON into the mainstream financial market - backdoor listing. This strategy cleverly circumvented the strict regulations faced by the Crypto Assets industry, while also opening the door to Nasdaq for TRON.
The team led by Sun Yuchen chose to partner with a SPAC, which is essentially a 'shell company' designed to provide a fast track to public listing for promising private companies. After careful consideration, TRON selected SRM Entertainment, Inc. as its target for a backdoor listing.
This move not only showcases Sun Yuchen's business acumen but also reflects that the Crypto Assets industry is seeking closer integration with the traditional financial system. With TRON about to be listed on NASDAQ, we may witness a new phase in the development of the Crypto Assets industry, which could bring wider market recognition and more investment opportunities.
Despite the challenges ahead, this bold move by Sun Yuchen and TRON will undoubtedly leave an important mark in the development of Blockchain and Crypto Assets. This is not only a milestone for TRON but could also become a turning point for the entire industry, promoting further integration of crypto assets with traditional financial markets.