The NASDAQ-listed company said it bought 133,447 TRX at an average price of $0.3747, expanding its corporate treasury exposure to the Tron blockchain token.
Tron Inc. said it acquired 133,447 TRX, the native token of the Tron blockchain, at an average price of $0.3747. The purchase lifted the NASDAQ-listed company’s treasury holdings to more than 697.7 million TRX. Corporate treasury accumulation of crypto tokens is commonly used to increase direct balance-sheet exposure to digital assets, and this update points to continued use of TRX as a treasury asset by the company.