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Case study  ·  Innovation · Global distribution

Taking a China-founded network into Western markets.

At a glance

Company TRON
Sector Technology
Business line Innovation
GDA role Distribution and market development
Market Global
Period 2017–2018
Outcome $50M to $4.5B capitalization

The mandate

TRON engaged GDA to build a distribution capability outside its founding market in China, with a primary focus on North America. The objective was mainstream reach and a materially larger network capitalization.

What was built

The firm appointed and coordinated regional representatives across ten cities — Toronto, New York, Vancouver, San Francisco, Los Angeles, Montreal, Kuala Lumpur, Bangalore, Trivandrum, and Nairobi — each running local activations. GDA facilitated tier-one exchange listings to establish trading depth and originated the partnerships that brought the network in front of a combined audience of one hundred million daily active users.

The outcome

Network capitalization moved from approximately $50 million to approximately $4.5 billion over a six-month activation period. Coverage was placed in the Huffington Post, Yahoo Finance, Seeking Alpha, and more than one hundred sector publications.

Outcome

$4.5B

Peak capitalization

10 cities

Regional activations

100M

Daily active user reach

Where this leads

TRON — the settlement network

The network's entry in the firm's institutional register.

Innovation — the business

Global distribution and market development as a business line.

Technology — sector

The sector coverage this mandate sits inside.

The desk note worth forwarding.

The Digital Asset Digest and the firm’s research — market structure, transactions, and the theses behind the firm’s positions. Sent when there is something worth reading, and not otherwise.

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