Tron Inc. Bets Big on JustLend, Routing 95% of Assets Through DeFi Platform
Tron Inc., listed on Nasdaq, has continued to expand its TRX treasury reserve by investing nearly all of its assets in JustLend, the largest DeFi platform on the TRON blockchain. The company reported that it acquired an additional 148,944 TRX at an average price of $0.3357 on August 12, pushing its total holdings above 709.4 million TRX.
This purchase follows Tron Inc.'s second-quarter filing, which stated that the company planned to continue acquiring TRX despite current market conditions. The filing also revealed that about 95% of Tron Inc.'s assets are invested in or committed to TRX.
The majority of these holdings, approximately $229.7 million, is staked through JustLend, which generates returns from standard staking and energy rentals. This strategy has provided Tron Inc. with a second source of return beyond TRX price appreciation.