hodler

5 Jun 2026, 17:00

TRX Spot Listing Launches on Bitnomial, Supporting Regulated U.S. Access to TRON

Geneva, Switzerland — June 5, 2026 — TRON DAO , the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the spot listing of TRX, the native utility token of the TRON network, on Bitnomial , a CFTC -regulated U.S. exchange and clearinghouse. The listing expands access to TRX for U.S. market participants through a regulated trading venue, providing investors and institutions with an additional platform to access the native utility token of the TRON blockchain. TRX supports transactions, smart contract execution, decentralized applications, and network governance across one of the world’s most active blockchain ecosystems. TRON is recognized as a leading blockchain for stablecoin activity and digital asset settlement, hosting more than $89 billion in circulating USDT and over $27 billion in total value locked (TVL). “Bitnomial’s listing of TRX is an important step in expanding access to TRON through regulated U.S. market infrastructure,” said Justin Sun, Founder of TRON. “As demand for compliant digital asset products continues to grow, the availability of TRX on regulated platforms supports broader market access, greater transparency and the continued maturation of the digital asset ecosystem.” Bitnomial, LLC, headquartered in Chicago, is a derivatives exchange company that owns and operates U.S. CFTC-regulated exchange (DCM), clearinghouse (DCO), and clearing brokerage (FCM) subsidiaries. Bitnomial offers leveraged spot, perpetuals, futures, options, and prediction markets on a single unified exchange and clearinghouse with digital asset margin and settlement capabilities. The addition of TRX further expands the range of digital assets available on regulated U.S. financial infrastructure, building on a series of recent developments that have strengthened the institutional foundation of the TRON network. In recent months, TRX became available for custody through Anchorage Digital, the first federally chartered crypto bank in the United States, Supporting the expansion of tokenized real-world asset products with top-tier asset managers on the network. As digital asset markets continue to evolve, open blockchain networks remain central to expanding access to transparent, permissionless financial infrastructure. The Bitnomial listing reflects continued progress toward making blockchain-based assets more accessible through reliable and established market infrastructure. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $89 billion. As of June 2026, the TRON blockchain has recorded over 385 million in total user accounts, more than 14 billion in total transactions, and over $27 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.” TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park [email protected]

5 Jun 2026, 03:00

Why TRON’s $43mln whale withdrawal matters for TRX traders

TRX approached key support as whale accumulation clashed with growing bearish sentiment.

4 Jun 2026, 10:39

Tron's Premium On Underlying Crypto Widens To 3x Plus

Summary Tron Inc. continues to trade at a 3.3x premium to its underlying TRX and sTRX holdings. The company's asset value is approximately $270 million, while its market cap approaches $890 million post-share conversions. Staking TRX yields only 5%, barely above 5Y Treasury Bonds, making it unattractive for yield-focused investors. I maintain a hold rating, as TRON is an inefficient vehicle for TRX exposure and offers limited income appeal. Tron Inc. ( TRON ) is akin to a Tron (cryptocurrency) treasury company. The company's main activity is to hold Tron. In the past , I have found that Tron trades at a significant premium to its underlying assets, and that holding it for the staking yield of its asset (the only income the company generates) provides a return way below less risky options. This analysis reviews the latest quarterly information ( 4Q25 and 1Q26 ) and finds a very similar situation: the premium on the company's assets has actually widened to 3x. This leads me to keep my opinion that the company is not the best way to purchase Tron crypto if one is interested in that (on which I am not, additionally). For this reason, I keep my Hold. Movements in assets Because Tron is a treasury company, its most important data is not really in the income statement, but rather in the balance sheet, cash flow statement, and notes. In my last article, the company's balance sheet was composed mainly of Tron crypto (TRX-USD) and sTRX (staked TRX) holdings of roughly 677 million tokens against approximately 457 million shares on a fully diluted basis (considering dilution stemming from Preferred Conversion). In 4Q25 (as described in the 1Q26 10-Q ), a company controlled by Justin Sun (founder of TRX and son of Tron Inc's Chairman and controlling shareholder), purchased $18 million in shares from the company (approximately 13 million shares or a $1.4/share price). The company used the proceeds to form an agreement to purchase $50 thousand TRX daily for one year, of which approximately $3.4 million had been expensed as of 1Q25. As of the end of 1Q25, therefore, the company had 11.7 million TRX on its balance sheet, plus ~550 million sTRX, plus $15 million in the agreement for cost-averaging TRX still not deployed (equivalent to about 45 million additional TRX at current prices). Because sTRX does not accrue classical staking yields under which more tokens are generated, but rather via an adjusted exchange rate with TRX, the sTRX is currently worth about 35% more than TRX ($0.45 versus $0.33) The fair value of these holdings as of early June is approximately $4 million in TRX, plus $250 million in sTRX and $15 million in the purchase agreement to be converted into TRX. The total is around $269 million. The company's operations did not change this calculation because the recognized staking gains in the income statement do not change the number of sTRX held, but rather their exchange rate against TRX, and indirectly, therefore, their conversion value to USD. The company also recorded large ($20 million) unrealized gains in digital assets, which stem from the appreciation of TRX in the period. Premium continues to increase After the quarter (as reported under Subsequent Events on the 1Q26 10-Q ), the company's Preferred B shares were converted into 200 million shares. This, plus the issuance of shares against $18 million in funds in Q4, implies a fully diluted share count close to 480 million already, most of which will show up as basic and issued in the Q2 10-Q. Compared to a share price of $1.85, this implies a market cap of close to $890 million. This compares rather expensive to the value of the underlying TRX and sTRX holdings, which, as seen above, amount to 'only' ~$270 million, plus $10 million in uncommitted cash (the company's liabilities are $2.7 million in total and therefore mostly irrelevant for this discussion). This implies a 3.3x premium in the market cap compared to the underlying value of the company's assets. Therefore, if anyone wanted to purchase TRX, $1 could buy 3.3x more TRX directly than buying TRON stock indirectly. A second, less important question is whether it is interesting to hold TRX. The DAO platform, through which TRON stakes its TRX (called JustLend), publishes a 5% yield on the staked TRX, which is only 80bps more than what a 5Y Treasury Bond yields. In this respect, and considering that the USD has the backing of the largest economy in the world, versus TRX being just another alternative cryptocurrency, it doesn't seem to be very attractive. Still, the main value of holding TRX is probably speculative, expecting it to go up, for which I cannot really provide an opinion. I believe holding TRX for its yield merits is not attractive, and that, even if TRX were attractive for speculative purposes, buying them at 3x+ the price via TRON is not. For these reasons, I keep my hold.

1 Jun 2026, 17:00

OKX Lists TRXUSD Expiry Perps (X-Perp), Offering MiFID-Compliant Derivative Access to TRX

Geneva, Switzerland — June 1, 2026 — TRON DAO , the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the listing of TRXUSD Expiry Perpetuals (X-Perps) on OKX Europe Markets Ltd. (“OKX Europe”), expanding regulated access to TRX across the European Economic Area (EEA). TRX is the native utility token of the TRON blockchain, one of the world’s largest public blockchain networks by user activity and stablecoin settlement volume. The network supports a broad range of blockchain-based financial applications, including payments, stablecoins, decentralized finance (DeFi), and digital asset settlement. USDT on TRON (TRC20) remains one of the most widely used stablecoins globally. TRXUSD X-Perp is a MiFID-regulated crypto derivatives product available to eligible retail and institutional traders across 30 EEA jurisdictions. The product offers a perpetual-style trading experience with a fixed five-year cash settlement date, allowing users to take long or short positions on TRX with up to 10x leverage while maintaining alignment with spot market pricing through a funding rate mechanism. Its listing on OKX Europe reflects the exchange’s continued expansion of regulated digital asset offerings in Europe, providing compliant market infrastructure designed to improve access, transparency, and confidence for European traders. “Bringing regulated derivatives exposure to European markets marks an important step for the TRON ecosystem and the broader digital asset industry,” said Justin Sun, Founder of TRON. “This launch gives European users additional ways to engage with the TRON blockchain through a trusted and compliant trading platform.” As demand for compliant digital asset products continues to grow in the region, the listing expands liquidity and regulated market access to an ecosystem that has processed more than $26 trillion in cumulative transfer volume, is leveraged by over 382 million user accounts, averages approximately 10 million daily transactions, and maintains more than $29 billion in total value locked (TVL). *Available to eligible customers across the European Economic Area (EEA), subject to applicable local laws, regulations, and platform eligibility requirements. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $89 billion. As of May 2026, the TRON blockchain has recorded over 382 million in total user accounts, more than 14 billion in total transactions, and over $29 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.” TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park [email protected]