);)
The Tron Foundation is preparing for a U.S. stock market listing through a merger with a Nasdaq-listed company. The Financial Times (FT) reported on the 16th that Dominari Securities, associated with the Trump family, will lead the merger of Tron with SRM Entertainment, a Nasdaq-listed company, to list Tron as a stock company on Nasdaq.
2. Trump's Second Son Denies Participation in Tron U.S. Business
Eric Trump, the second son of the U.S. President, completely denied on the 16th through his official X account that he would participate in Tron's business. Previously, FT reported news that Tron would merge with a U.S. Nasdaq-listed company and list on the U.S. stock market, with Eric Trump participating in the business. Eric Trump stated, "I am Tron's biggest fan and respect Tron founder Justin Sun, but I will not participate in Tron's business."
3. U.S. SEC Begins Review of Trump Bitcoin ETF Application
On the 17th, the U.S. Securities and Exchange Commission (SEC) acknowledged and began reviewing the Bitcoin (BTC) Exchange Traded Fund (ETF) application submitted by Trump's social media platform 'Truth Social'.
4. Canada to Launch First XRP ETF This Week
Canada's first XRP ETF will be launched this week. Asset management firm Purpose Investments has obtained approval from Canadian regulatory authorities and will begin listing the Purpose XRP ETF on the 18th.
5. JP Morgan Files Trademark 'JPMD' for Stablecoin
JP Morgan filed a new cryptocurrency-related trademark 'JPMD' with the U.S. Patent and Trademark Office (USPTO) on the 16th. The application contains details about cryptocurrency issuance, payment, and custody services, suggesting JP Morgan is preparing to enter the stablecoin business.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
