Tron Inc. has received U.S. Securities and Exchange Commission (SEC) approval for a $1 billion mixed securities shelf registration (Form S-3), enabling the Florida-based company to issue common stock, preferred stock, debt instruments, and warrants in tranches over time without repeated filings. The shelf registration provides strategic flexibility for capital raises aligned with market conditions, supporting blockchain expansion, acquisitions, and product development.
The company holds 365 million TRX tokens in its treasury reserve, classified as long-term assets potentially used for staking, financing, or liquidity strategies. Proceeds from future offerings may increase TRX reserves, reinforcing confidence in digital assets. Tron maintains diversified revenue streams through its subsidiary's toy production for Disney and Universal theme parks.
Notably, $1 billion in USDT was minted on Tron's blockchain coinciding with the SEC filing, though direct correlation remains unconfirmed. CEO Richard Miller spearheaded the filing, with legal support from Loeb & Loeb LLP.