🚀 Nasdaq-Listed Verb Technology to Launch $558M TON Treasury Strategy — Stock Soars 100%

🔥 Big news from Wall Street meets Web3: Verb Technology (NASDAQ: VERB) has announced a $558 million private placement to establish one of the largest Toncoin ($TON) treasuries in the world. The company also plans to rebrand as TON Strategy Co., becoming the first publicly traded treasury reserve of The Open Network (TON).

🔑 Key Highlights:

📈 $558M PIPE deal with institutional and accredited investors

💰 Shares priced at $9.51, totaling ~58.7M shares sold

💼 Strategic partnership with Kingsway Capital

🪙 Toncoin to become Verb’s primary treasury reserve asset

🌱 Focus on cash flow-positive staking yields and long-term treasury growth

🌐 The move positions Verb not just as a tech company, but as a trailblazer in crypto-native treasury management — potentially setting a precedent for other public companies exploring digital assets beyond Bitcoin or Ethereum.

📢 As institutional interest in altcoin treasuries rises, is this the beginning of a new wave of tokenized reserve strategies?

#Toncoin #CryptoTreasury #Web3 #Blockchain

https://coingape.com/nasdaq-listed-verb-announces-558m-ton-treasury-verb-stock-jumps-100/?utm_source=bnb&utm_medium=coingape