Verb Technology Unveils $780 Million in Treasury Assets to Enhance TON Treasury Strategy

Company's Treasury Assets: Verb Technology Company, Inc. (to be renamed Ton Strategy Company) announced treasury assets exceeding $780 million, including $713 million in Toncoin and $67 million in cash, as part of its $TON treasury strategy.

Private Placement Success: The announcement follows a successful $558 million private placement with over 110 institutional investors, primarily used to acquire Toncoin as the company's main treasury reserve asset.

Strategic Goals: The company aims to accumulate over 5% of Toncoin's circulating supply to enhance network security and intends to increase its Toncoin holdings through reinvestment and staking rewards.

Integration with Telegram: Toncoin is integrated with Telegram's Mini App ecosystem, providing users access to wallets and payments, leveraging Telegram's large user base of over one billion monthly active users.