CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-06-30 20:07:02

SRM completes $100m TRON staking push, eyes shareholder payouts

Few could’ve predicted that the company behind Disney-themed trinkets would become TRON’s biggest public backer. With $100 million deployed and Justin Sun in its corner, SRM is rewriting its corporate script, one blockchain transaction at a time. On June 30, Florida-based SRM Entertainment locked up 365 million TRON ( TRX ) tokens, worth roughly $100 million, into JustLend, a decentralized lending protocol on TRON’s blockchain. The move, confirmed in a Monday press release , seeks to generate up to 10% annual yield by combining standard staking rewards with energy renting, a unique feature of TRON’s network economics. It follows SRM’s earlier $100 million treasury allocation to TRX, positioning the former toy manufacturer as the largest publicly traded holder of the cryptocurrency. The development is the latest in a string of calculated steps for the Florida-based company, which also tapped TRON founder Justin Sun as a strategic advisor and named Weike Sun as its new board chair earlier this month. You might also like: Robinhood reveals layer 2 blockchain amid major crypto expansion Why TRON? The rationale behind SRM’s $100m bet SRM’s aggressive pivot into TRON can be seen as a calculated wager on the blockchain’s growing dominance in two key areas: stablecoin settlements and high-yield decentralized finance. TRON now hosts over $80 billion in dollar-pegged stablecoins, primarily USDT, making it the go-to network for cross-border transactions in emerging markets. The network’s edge lies in its low-cost settlement layer, making it attractive for high-frequency transactions and energy rental mechanics that appeal to yield-maximizing corporate treasuries. For SRM, a company once known for selling Mickey Mouse plush toys, this represents a deliberate shift toward an asset with real-world utility, not just trading volatility. “The TRON treasury strategy continues to unlock new value for our shareholders. We expect SRM to benefit as Blockchain technology gains wider adoption globally. TRON is an industry leader for cross border settlement in US dollar stablecoin which is great for our shareholders,” Rich Miller, Chief Executive Officer of SRM, said. By deploying its 365 million TRX through JustLend, SRM taps into two revenue streams: standard staking rewards (around 5 to 6% annually) and energy renting, a unique feature of TRON’s network where users pay to borrow computational resources. This hybrid approach pushes potential yields toward 10%, a figure that dwarfs traditional corporate bond returns. For context, Apple’s treasury, which holds over $160 billion in cash, cash equivalents, and marketable securities, has been generating an average yield of around 4.3 to 4.7% on those reserves. But with higher yield comes higher risk. Unlike Apple’s dollar-backed instruments, TRX remains a volatile crypto asset with heavy reliance on Justin Sun’s ecosystem and unclear regulatory standing in the U.S. TRON’s legal quagmire and Sun’s controversial history mean SRM’s fate is now tied to a polarizing figure in crypto. For shareholders, the promise of 10% yields and a Nasdaq-listed blockchain play may be enticing. For skeptics, it is a high-wire act with no safety net. Read more: Court rules IRS can collect Coinbase user data without warrants

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta