Tron Inc. Bets Big on Uninsured JustLend Staking

Nasdaq-listed Tron Inc. has made significant moves in its TRX treasury reserve, allocating nearly all of its assets to JustLend staking.

The company acquired an additional 148,944 TRX at an average price of $0.3357 on August 12, bringing its reported holdings above 709.4 million TRX.

According to the company's second-quarter filing, Tron Inc. held $233.8 million in TRX and staked TRX (sTRX) as of June 30, which represented more than 91% of its $256.2 million balance sheet.

The majority of this position, approximately $229.7 million, was sTRX issued through JustLend, leaving nearly 90% of total assets directly exposed to the protocol.