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In July 2025, the crypto world witnessed a landmark moment. TRON's founder, Sun Yuchen, rang the opening bell at a well-known exchange, an act that sparked widespread discussion within the digital money circle. This was not just a simple ceremony; it symbolized a significant turning point in Sun Yuchen's personal development trajectory.
From a talented student at Peking University to a prominent figure in the crypto assets field, and now an industry leader, Sun Yuchen's role evolution is remarkable. This bell-ringing ceremony marks his transition from a market participant to a rule maker, and also signals that the TRON ecosystem is about to enter a new stage of development.
This ceremony, though brief, conveys three important messages: first, it demonstrates TRON's commitment to integrating into the mainstream financial system; second, it reflects Sun Yuchen's dual-line strategy in capital operation and governance; finally, it hints at the deep integration of Web3 technology with the emerging economic and political forces in the market.
In terms of enterprise development, Sun Yuchen adopted a unique strategy. In 2023, he acquired the NASDAQ-listed company Dominari Holdings Inc. (stock code: DOMH) through control of an entity. Subsequently, in 2024, the company underwent a business restructuring, transforming into a public platform that integrates Crypto Assets finance and Web3. This move is seen as a key step for the TRON and HTX ecosystems to indirectly enter the capital market.
The transformation of Dominari Holdings is a typical case. This previously mediocre biotech company has turned into a pioneer in Web3 fintech. Its core business includes the issuance and settlement of blockchain stablecoins, particularly the two main digital stablecoins, USDD and USDT.
These developments reveal the profound changes that the Crypto Assets industry is undergoing, as well as how industry leaders like Sun Yuchen are driving this transformation. As the boundaries between traditional finance and the emerging Digital Money economy become increasingly blurred, we may be witnessing the arrival of a new era.