Tron, the blockchain founded by billionaire Justin Sun, is reportedly preparing to enter the U.S. public markets through a reverse merger with SRM Entertainment. 

Trump Media and Technology Group (DJT) filed paperwork Monday to launch a spot bitcoin and ether ETF, marking its second crypto ETF application this month.

JPMorgan Chase has filed a trademark application for a new digital asset platform called JPMD, signaling a deeper expansion into crypto finance by the U.S.'s largest bank.

Top stories in the Crypto Roundup today:

• Tron Eyes U.S. Public Market With TRX Holding Firm
• Trump Media Files for Bitcoin-Ether ETF
• JPMorgan Files Trademark for Crypto Platform JPMD

Tron Eyes U.S. Public Market With TRX Holding Firm

Tron, the blockchain founded by billionaire Justin Sun, is reportedly preparing to enter the U.S. public markets through a reverse merger with SRM Entertainment. 

The deal is reportedly being managed by Dominari Securities, a New York investment bank linked to the Trump family.

As part of the process, Tron is establishing a new entity, Tron Inc., which will operate as a crypto holding firm and buy up $210 million worth of cryptocurrencies, including the blockchain’s native token TRX. 

It’s also reported that Eric Trump could take a role in Tron Inc., though Trump later denied any involvement on X.

Trump Media Files for Bitcoin-Ether ETF

Trump Media and Technology Group (DJT) filed paperwork Monday to launch a spot bitcoin and ether ETF, marking its second crypto ETF application this month.

The proposed fund, according to an S-1 form submitted to the U.S. Securities and Exchange Commission (SEC), would invest directly in the two largest cryptocurrencies, 75% in bitcoin and 25% in ether.

Crypto.com will act as both custodian and liquidity provider for the fund.

This move follows DJT’s earlier registration for a bitcoin-only ETF.

JPMorgan Files Trademark for Crypto Platform JPMD

JPMorgan Chase has filed a trademark application for a new digital asset platform called JPMD, signaling a deeper expansion into crypto finance by the U.S.'s largest bank.

The filing, submitted Sunday to the U.S. Patent and Trademark Office, outlines a broad scope for JPMD’s services. The platform would provide digital asset trading, exchange, payments, transfers and issuance, according to the application.

JPMorgan’s push comes as Wall Street firms increasingly move into crypto infrastructure, launching tokenization pilots, onboarding bitcoin ETFs and exploring stablecoin products. 

The trademark filing adds to a string of developments underscoring JPMorgan’s shift from cautious observer to active participant.

Despite CEO Jamie Dimon’s longstanding skepticism of cryptocurrencies, he once called bitcoin a “fraud”, the bank has recently softened its stance. In May, Dimon said JPMorgan would let clients buy bitcoin.

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