Verb Technology just triggered a paradigm shift, raising $558M and rebranding to #TON Strategy Co., becoming the first publicly listed company to hold Toncoin ($TON ) as its treasury asset. Stock soared over 200% on the news, hitting $29 intraday.
Led by Kingsway Capital — whose CEO Manuel Stotz (also President of the TON Foundation) will now chair the firm — this marks a bold move toward institutional-grade $TON exposure. The funds will be used to acquire and stake Toncoin long-term.
This comes as crypto treasury companies are rising fast, with over $7.8B deployed into altcoins just last month. Following moves by firms buying ETH, BNB, SOL, SUI, and TRX, Verb is spearheading the Toncoin wave.
Heavyweights like Blockchain.com, Vy Capital, Animoca Brands, and The Open Platform are all involved. Telegram’s crypto stack just went corporate — and this is only the beginning.
Even if $TON’s price hasn’t exploded yet, don’t sleep on it. These kinds of treasury moves always run ahead of the chart. With $558M in backing, permanent capital, and major staking commitments, price action is only a matter of time.
Keep your eyes on $TON . The market always wakes up late.
#BinanceHODLerTOWNS #BTCReserveStrategy #MarketRebound #ProjectCrypto
