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Publicly traded company Tron Inc. receives $18 million strategic investment from Justin Sun
BlockBeats News, December 29th, 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, subscribing to the company's restricted common stock at a price of $1.3775 per share.
Tron Inc. stated that the funds will be primarily used to significantly expand the TRX treasury reserve, further solidifying its position as one of the most representative public companies in the TRON ecosystem and a major global TRX enterprise holder.
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