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Tron Inc. Announces Ticker Symbol Change to “TRON” on Nasdaq
Globenewswire· 2025-07-17 12:30
Company Overview - Tron Inc. has officially changed its Nasdaq ticker symbol from "SRM" to "TRON" effective July 17, 2025, reflecting its strategic transformation and commitment to the Tron blockchain ecosystem [1] - The company is the public entity with the largest holdings of TRON (TRX) tokens and is focused on transparency and long-term value creation [3] - Tron Inc. designs and manufactures custom merchandise for major theme parks and entertainment venues, with products based on multi-billion-dollar franchises [3] Blockchain Context - The TRON blockchain, founded in 2017, supports smart contracts and decentralized applications, offering lower fees and faster transaction times compared to Bitcoin and Ethereum [4] - As of July 13, 2025, TRON hosts approximately 81.7 billion in US dollar stablecoins, establishing itself as one of the most popular Layer-1 Protocols [4] Strategic Implications - The ticker change to "TRON" reinforces the company's brand identity and positions it as a significant player in the blockchain and digital asset economy [2]
Rumble Cloud Enters Strategic Collaboration with TRON
Globenewswire· 2025-05-27 13:29
Core Insights - Rumble has announced a strategic collaboration with TRON DAO to enhance decentralization through blockchain technology and decentralized applications [2][4] - The partnership aims to leverage Rumble Cloud's infrastructure to support a more resilient and decentralized internet [2][5] Company Overview - Rumble is a high-growth video-sharing platform and cloud services provider focused on creating an independent infrastructure to restore the internet's openness [6] - Rumble Cloud offers a comprehensive portfolio of cloud computing services, including virtual machines, Kubernetes orchestration, and storage solutions, aimed at empowering organizations against unfair pricing and censorship [3][5] TRON DAO Insights - TRON DAO is dedicated to accelerating internet decentralization and has reclaimed its position as the leading network for Tether (USDT), holding over 63% of the global market share with more than $150 billion in circulation [4][8] - The TRON blockchain has seen significant growth, with over 308 million user accounts and more than 10 billion transactions recorded as of May 2025 [8] Strategic Implications - The collaboration between Rumble and TRON is expected to enhance censorship resistance and reduce single points of failure in cloud infrastructure, thereby maintaining the decentralized nature of the network [5] - This partnership underscores the importance of reliable cloud data storage in supporting the decentralized qualities inherent in blockchain technology [4][5]