Tree

Million

Yield

View

Justin Sun defended HTX’s high-yield products after questions from critics, saying the interest on offer by the exchange is fully covered in-house.
His remarks came shortly after Tron Inc. announced a $110 Million treasury expansion with new TRX holdings.
Notably, both moves drew attention to the Tron ecosystem and the TRX price.
<h2 class="wp-block-heading" id="h-justin-sun-explains-htx-yield-model">Justin Sun Explains HTX Yield Model</h2>
In a major development, Tron founder <a href="https://www.thecoinrepublic.com/2025/06/16/justin-suns-tron-to-go-public-with-eric-trump-likely-onboard/" rel="noopener noreferrer nofollow">Justin Sun addressed</a> online comments about HTX’s high interest rates.
It is worth mentioning that some people questioned how the platform could keep paying users such high returns.
Sun explained that the yields were fully subsidized by the exchange. He said this was part of a competition between trading platforms to win over users.
According to him, the idea was simple. More deposits meant more trading activity, which in time could bring profits.
He described HTX as being in an early stage of growth, where the main goal was to make users feel safe putting money into the exchange.
Justin Sun also said HTX had used Merkle Tree proofs for almost 34 months. He argued this showed transparency of funds and should remove doubts about the safety of customers’ assets.
He stressed that the group behind the platform earned several billion dollars a year and so was able to afford these subsidies.
<div class="wp-block-image">
 <figure class="aligncenter size-full">
 <img loading="lazy" width="591" height="529" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/09/c4736af88a31c31d3ae50d56a62e7534a93f311869774e5b1cd35d92dcef00e3-1.png" alt="">
 <figcaption>
 Overview of the HTX Yield Model | Source: Justin Sun
 </figcaption>
 </figure>
</div>
In another statement translated from Chinese, Sun went further. He said his bigger concern was that the rates might not be high enough to attract users.
If data showed people moving to other platforms, he noted that HTX would consider raising yields even if critics continued to question the model.
<h2 class="wp-block-heading" id="h-tron-expands-treasury-holdings">Tron Expands Treasury Holdings</h2>
It is important to add that while Sun responded to critics, <a href="https://www.thecoinrepublic.com/2025/08/24/tron-eyes-bigger-market-share-in-asia-after-securing-dominance-in-latin-america/" rel="noopener noreferrer nofollow">Tron Inc. released</a> news of a large treasury increase.
The company reported that its biggest shareholder, Bravemorning Limited, had exercised warrants worth $110 Million.
Essentially, this added 312.5 million TRX tokens to the company’s treasury. Notably, with this move, Tron Inc.’s total TRX holdings has now topped over $220 Million.
Bravemorning’s total investment in the company rose to $210 Million, giving it an 86.6% ownership stake.
According to the official statement, this made Bravemorning the controlling shareholder of Tron Inc.
Rich Miller, the company’s chief executive officer, said the step made Tron Inc. the largest public holder of TRX tokens.
He explained that the strategy was to build strength in blockchain, digital payments, and Web3 projects.
The announcement followed a plan first launched in June 2025. At that time, Tron Inc. introduced its treasury strategy through a deal with Bravemorning.
That agreement mixed preferred equity shares with warrants and was valued at $210 Million.
<h2 class="wp-block-heading" id="h-trx-price-and-market-view">TRX Price and Market View</h2>
It is worth mentioning that despite the statements from Justin Sun and the new treasury announcement, <a href="https://www.thecoinrepublic.com/2025/09/04/tron-trx-may-lead-next-altcoin-bullish-recovery-wave-price-action/" rel="noopener noreferrer nofollow">TRX’s price</a> did not show a major change.
On September 2, 2025, TRX ranked as the ninth-largest cryptocurrency by market value. It was priced at $0.3388, showing a 0.21% drop in 24 hours.
The debate over HTX’s yield model and the expansion of Tron’s treasury placed attention on the stability of TRX price.
Some investors may view the backing of Bravemorning and the size of the holdings as support for long-term confidence.
At the same time, the question of how sustainable subsidized yields might be could weigh on views about future risks.
For now, HTX aimed to draw more deposits through subsidies, while Tron Inc. strengthened its treasury with added TRX tokens.
How these moves affect the market and TRX’s price in the months ahead remained uncertain.
The post <a href="https://www.thecoinrepublic.com/2025/09/05/justin-sun-defends-binance-rival-htx-from-critics-heres-what-happened/" rel="noopener noreferrer nofollow">Justin Sun Defends Binance Rival HTX From Critics, Here’s What Happened</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.

Justin Sun Defends Binance Rival HTX From Critics, Here’s What Happened

Table of Contents

Thecoinrepublic.com

Other articles published on Sep 5, 2025

Join our free newsletter for daily crypto updates!