Tron Inc. filed to raise up to $1 billion as part of an ambitious push to grow itsTRXtoken reserves. The proposed raise would come through a combination of equity and debt instruments, including common shares, preferred stock, warrants, and other securities. The company has already accumulated over 365 million TRX tokens and aims to increase its holdings significantly using proceeds from the new offering.
Source: https://cryptoslate.com/tron-inc-aims-for-1b-raise-to-bolster-trx-reserves-after-merger-boost/
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