Justin Sun's TRON Inc. stock nears Nasdaq delisting threshold
- —TRON Inc. shares hover just above the $1 Nasdaq listing threshold
- —Market cap tops $500M against roughly $250M in TRX holdings
- —Stock is down 50% from this year's highs
- —TRON Inc. struck a deal with broker Clear Street to sell shares to its clients
Why it matters: A delisting would undercut TRON Inc.'s treasury model and the narrative of TRX as a corporate reserve asset.
Source: Protos