ChainCatcher news, recently, TRON founder Justin Sun has once again graced the cover of Asia Weekly after 14 years, highlighting his leadership position in the blockchain industry as a "global crypto pioneer." Asia Weekly, as an authoritative current affairs publication in Asia, is known for its in-depth insights and rigorous reporting, and the significance of its cover figures is self-evident. From a young talent with a "Peking University dream" in 2011 to becoming one of the recognized Chinese leaders in the crypto industry, Justin Sun has demonstrated extraordinary influence.In an exclusive interview with Asia Weekly, Justin Sun detailed a series of recent achievements of TRON, including the adoption of TRON's native token TRX as a strategic reserve asset by the Nasdaq-listed company SRM. Justin Sun stated that this move will propel TRON to become a pioneer in the listing of crypto assets in the U.S. stock market. Recently, TRON supported the launch of the stablecoin USD1 issued by the Trump family on its network, further enriching the stablecoin ecosystem. Regarding the recent legislative progress on stablecoins in Hong Kong, Justin Sun expressed strong optimism about Hong Kong's prospects as a "testing ground" for stablecoin development, as its advantages in connecting the mainland with the global market can drive innovation in cross-border payments and trade settlements.

ChainCatcher news, according to a report by Coindesk, disclosed by SEC filings, Sun Yuchen's father, Sun Weike, gained control of the publicly listed company SRM Entertainment through a PIPE transaction valued at $100 million in TRX tokens, which will be renamed Tron Inc. The transaction was arranged by Dominari Securities, associated with the Trump family.After the transaction is completed, Sun Weike will serve as the chairman of the board, and Tron executives will join the audit, compensation, and nomination committees. Although the transaction did not directly involve Tron DAO, it is seen as an arrangement led by its core management team. The new company plans to emulate MicroStrategy, intending to hold up to $210 million in TRX as a strategic asset in the future.

ChainCatcher news, according to official social media messages, Huobi HTX will hold a themed live broadcast today at 20:00 titled "Sun Ge is going crazy this time! TRON's shell listing deconstruction, does HTX have big moves too?"At that time, Huobi HTX global advisor Sun Yuchen, Huobi HTX Liu Ye, Zishi, OxPink, MrPotato, Hong Kong Wang Fugui, MEJ Maomaojie, data alchemist, and Big Brother will be invited to attend, jointly unveiling the truth behind TRON's listing news and exploring the future development of TRON and Huobi HTX. This event will be broadcast live on Huobi and X Space simultaneously.

ChainCatcher news, Sun Yuchen posted on platform X that the trading volume of TRON's "Micro Strategy" (SRM) has exceeded that of Alibaba ($1.19 billion) and Tencent ($700 million) today.Previous report, TRON plans to go public through a reverse merger with SRM Entertainment.

ChainCatcher news, according to the Financial Times, after U.S. regulators suspended their investigation, Sun Yuchen's blockchain Tron will seek to go public in the United States.According to two people familiar with the matter, Tron will achieve its listing through a reverse merger with SRM Entertainment, which is listed on Nasdaq. The deal is being handled by Dominari Securities, a boutique investment bank based in New York, linked to Donald Trump Jr. and Eric Trump.One of the sources stated that the newly formed company will purchase and hold Tron tokens (TRX), mimicking the strategy of Strategy (formerly MicroStrategy). The source also revealed that Eric Trump is expected to take a position in the new company, which will be named Tron Inc.In the transaction, Tron is expected to inject up to $210 million in token assets into the new company. This marks the latest example in the surge of crypto trading sparked by Trump's friendly stance towards the crypto asset industry since he took office for his second term as President of the United States.In 2023, the U.S. Securities and Exchange Commission (SEC) charged Sun Yuchen and his three companies (including Tron) with selling unregistered securities and manipulating the market. In February of this year, after Trump expressed a desire for "looser regulations" on the crypto industry, the SEC and Sun Yuchen jointly filed a motion with the court to suspend the lawsuit in search of a possible settlement.

ChainCatcher message, TRON founder Justin Sun announced, "The USD1 stablecoin supported by the Trump family WLFI has been officially minted on the TRON network."

ChainCatcher news, according to the official WeChat account of Southwest University of Political Science and Law, on June 3, at the seminar on "Investigation, Prosecution, and Evidence Collection in Virtual Currency Crimes" hosted by Southwest University of Political Science and Law, senior consultant of Shanghai Xizheng Law Firm and TRON founder Sun Yuchen, prosecutor Li Tao from the Haidian District People's Procuratorate of Beijing, deputy director Wang Dong of the Eighth Procuratorial Division of the Chaoyang District People's Procuratorate of Beijing, vice dean Xie Ling of the Criminal Investigation College of Southwest University of Political Science and Law, deputy chief judge Jiang Jiayun of the First Criminal Division of the Chongqing High People's Court, chief lawyer Niu Juqin of Shanghai Xizheng Law Firm, and lecturer Ye Ning from the Law School of Southwest University of Political Science and Law delivered keynote speeches respectively.

ChainCatcher news, according to The Block, BiT Global's lawyers have withdrawn the lawsuit against Coinbase, which involved Coinbase delisting the wrapped Bitcoin token wBTC just two months after launching the competing token cbBTC. According to the agreement, both companies will pay their own legal fees.BiT Global is a company supported by TRON founder Justin Sun and had previously partnered with BitGo as a "strategic partner" to provide the wrapped Bitcoin token wBTC. The dismissal of the lawsuit means that it will not be refiled.

ChainCatcher News, on the evening of June 1st, Beijing time, Huobi HTX global advisor Sun Yuchen engaged in a dialogue through Huobi Live with contract giant James Wynn, former professional Muay Thai fighter and businessman Andrew Tate, and the Meme project Moonpig team about the future trends of the Meme ecosystem and the development direction of exchanges. Regarding project selection, Sun Yuchen stated, "I value passion, resonance, and communities that have narratives and souls behind them, especially those that are truly decentralized and user-led projects. My goal has always been clear: to enable users to complete transactions more quickly and easily, lower the barriers to entry, and improve the various pain points existing in current trading platforms. I hope to build a trading experience that is more humanized, fairer, and freer."James Wynn stated, "Whether it's CEX or DEX, liquidity is always an unavoidable issue, and the key to solving all of this is community-driven—truly decentralized users and communities are our core strength against centralized power."

ChainCatcher message: According to Huobi HTX's official social media, Huobi HTX global advisor Sun Yuchen will conduct a live broadcast on June 1 at 20:00 (UTC+8), engaging in a dialogue with the mysterious contract whale James Wynn and the Moonpig team from the Solana chain, discussing the future development trends of the Meme track and the performance of the crypto market in 2025.This event will be broadcast simultaneously through Huobi Live and Huobi HTX's X Space, with generous airdrop benefits.