💎 Toncoin Ignites Fresh Hope — Could It Anchor a New Treasury Paradigm?
The main part of TSC's treasury plan is to acquire and stake Toncoin, which is the native currency of The Open Network (TON). This token supports services in Telegram, such as ad payments, tokenized usernames, and integrated Mini Apps.
Manuel Stotz, who is also the head of Kingsway Capital and will be the next Executive Chairman, said that Telegram's worldwide reach and TON's potential for income make it a great long-term reserve asset.
The capital increase will allow TSC to possibly control up to 5% of Toncoin's total circulating supply, making it a prominent stakeholder in the TON ecosystem. The company plans to make money via staking while also keeping and growing its AI-powered video commerce business.
The market is more confident, and crypto is becoming more popular.
After the news, Verb's shares shot up 200% in one trading session, showing that the market was quite happy with the change. This significant rise shows that more and more investors are interested in stocks tied to cryptocurrencies and that they see the potential of TON's strong integration with Telegram's billion-user platform.
TON Strategy Co. is leading the way in getting institutions to use digital assets. They have new executives, including Veronika Kapustina as CEO and Sarah Olsen as CFO, and they have the support of big names in crypto and finance.
As conventional finance and blockchain technology become more connected, TSC's strategy might be a guide for other publicly traded crypto treasury firms that want to combine the development potential of Web3 with the ease of access for regular investors.
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