Democrats are wrestling with their strategy on cryptocurrency, a once underground industry that has become a powerful player on Capitol Hill — and closely associated with President Donald Trump

Crypto companies are investing in Democrats as they seek to muscle an industry-friendly regulatory regime through Congress and ensure new laws persist after President Donald Trump leaves office.

Toy company SRM Entertainment plans to rename itself “Tron” and acquire TRX digital tokens.

Justin Sun, the China-born crypto entrepreneur with ties to the Trump family who saw a federal investigation of his business interests paused earlier this year, is set to take his Tron blockchain platform public in the US through a reverse merger.

Supporters of the Tron blockchain, the $26 billion network founded by Justin Sun, the crypto billionaire who ate the multi-million dollar banana, looks set to take over a public company in the U.S. Why it matters: Tron is a top-10 blockchain,