US stocks surge | Sun Yuchen's Tron will use shell listing SRM Entertainment (SRM.US) soars over 40%, rising 1903% in a month.

According to the Wisdom Financial APP, on Friday, SRM Entertainment (SRM.US) surged over 40%, setting a new historical high, with a monthly increase of 1903%, reaching $11.45. In terms of news, as reported by the Financial Times on June 16, Sun Yuchen's cryptocurrency platform Tron has reached a reverse merger agreement with the NASDAQ-listed company SRM Entertainment. The new entity plans to inject token assets worth $2.1 billion and rename itself "Tron Inc." The shell company behind the listing, Dominari Securities, is headquartered in the Trump Tower, and Donald Trump Jr. and Eric Trump joined its parent company Dominari Holdings advisory board in February this year. The announcement of this news led to a 580% abnormal increase in the company's stock price before being scrutinized by regulators.