VERB Technology (NASDAQ:VERB) just raised $558 MILLION and they're going ALL IN on Toncoin! ๐
The breakdown:
๐ 58.7M shares sold at $9.51 each to institutional investors
๐ฆ 110+ investors led by Kingsway Capital, Vy Capital, Blockchain.com & more
๐ VERB rebranding to "TON Strategy Co." - first public TON reserve fund!
๐ฐ They'll own ~5% of TON's circulating supply
Plot twist: TON actually DROPPED on this news ๐
Classic crypto move! I'm seeing this as a perfect entry - just opened a long on Storm Trade ๐ช
My targets: $3.65 and $3.90
Logically this should pump $TON hard, but looks like whales want a discount first ๐
Are we finally heading to $4? This institutional backing is HUGE! ๐ฏ
#TON #VERB #InstitutionalCrypto #TONStrategy
