TRON Inc., a digital asset treasury firm advised by Justin Sun and chaired by his father Weike Sun, shifted its daily TRX sourcing from an HTX wallet to an HTX-funded intermediary address shortly after the UK sanctioned Huobi Global S.A. on May 26, 2026. While TRON Inc. disclosures state that it uses BiT Global for custody and daily purchases, shared directorships and wallet funding patterns highlight deep operational ties between various Justin Sun-linked entities.
TRON Inc. TRX sourcing shift
- ▪TRON Inc.'s treasury address TEySEZLJf6rs2mCujGpDEsgoMVWKLAk9mT received daily TRX purchases from address TFTWNgDBkQ5wQoP8RXpRznnHvAVV8x5jLu, labeled "HTX 4," until May 29, 2026.
- ▪TRON Inc., a TRX digital asset treasury firm, transitioned from receiving daily TRX purchases from an HTX wallet to an HTX-funded wallet shortly after UK sanctions were imposed.
- ▪TRON Inc. now generally receives TRX from address TWhDfwC8QE6pQyiYy248dNor3uphPEw5M2, which gets most of its TRX from Binance and some from HTX-affiliated addresses.
HTX wallet funding chain
- ▪The address TYyriWzf7AW75hwiVB4oDBrJGThidZuRTd received TRX from address TK86Qm97uM848dMk8G7xNbJB7zG1uW3h1n, which is labeled as "HTX 5."
- ▪The United Kingdom Foreign, Commonwealth & Development Office sanctioned Huobi Global S.A., an entity related to the HTX exchange, on May 26, 2026.
- ▪On May 29, 2026, the address TFTWNgDBkQ5wQoP8RXpRznnHvAVV8x5jLu, labeled "HTX 4," funded address TYyriWzf7AW75hwiVB4oDBrJGThidZuRTd, which then began sending daily TRX to TRON Inc.
HTX proof-of-reserves disclosures
- ▪The address TK86Qm97uM848dMk8G7xNbJB7zG1uW3h1n, labeled "HTX 5," is disclosed in HTX's own proof-of-reserves disclosures
- ▪The address TFTWNgDBkQ5wQoP8RXpRznnHvAVV8x5jLu, labeled "HTX 4," was previously included in HTX's proof-of-reserves disclosures
BiT Global custody arrangements
- ▪Zhihong Liu serves as a director for both TRON Inc. and BiT Global Trust Limited in Hong Kong.
- ▪TRON Inc. disclosures state that the company purchased TRX from BiT Global for TRON Inc.'s daily dollar-cost-averaging TRX purchases and hired BiT Global as the custodian of TRON Inc.'s treasury wallet, address TEySEZLJf6rs2mCujGpDEsgoMVWKLAk9mT
- ▪TRON Inc. disclosures state that TRON Inc. retains sole control of its treasury wallet and private keys in Hong Kong, authorized to directors Weike Sun and Zi Yang
Justin Sun entity relationships
- ▪BiT Global serves as one of the custodians for the Justin Sun-advised Wrapped Bitcoin project.
- ▪TRON Inc. is advised by Justin Sun and chaired by his father, Weike Sun.
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