Milk Road
Milk Road
TRX+2.14%
ETH-2.19%
Cryptocurrency was created so we could unplug from the traditional financial system …so why is Tron ($TRX) going public on the Nasdaq? Well, there are three main reasons ↓ (Keep scrolling)
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1/ Access to capital By becoming a publicly traded company, Tron will gain access to U.S. capital markets (allowing it to raise a good chunk of funds through stock offerings)
2/ Enhanced credibility Over the years, Tron’s brand power has been spotty at best Partnering w/ the President’s son to bring the company public will help boost Tron's legitimacy
3/ Using the Strategy ($MSTR) playbook $SBET is running a Strategy-like playbook with Ethereum (take on debt → buy $ETH → stake it → repeat) Now, Tron is looking to run the same playbook with a $TRX treasury strategy
But is there really that much of an appetite for $TRX from the traditional financial world? Honestly – no idea We’re about to find out either way
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