💎 Toncoin Sparks New Momentum — Is This the Future of Crypto Treasuries?
TSC has unveiled a bold treasury strategy centered around acquiring and staking Toncoin — the native token of The Open Network (TON). Toncoin powers a growing suite of services within Telegram, including ad payments, tokenized usernames, and Mini App integrations.
Manuel Stotz, head of Kingsway Capital and incoming Executive Chairman of TSC, highlighted TON's deep integration with Telegram’s global user base and its income-generating potential as key reasons for choosing it as a strategic long-term asset.
With a planned capital injection, TSC could potentially hold up to 5% of Toncoin’s circulating supply, positioning itself as a major player in the TON ecosystem. The company aims to generate revenue through staking while continuing to scale its AI-driven video commerce operations.
The announcement triggered a wave of optimism — Verb’s shares surged 200% in a single trading day, underscoring growing investor enthusiasm for crypto-linked equities and the perceived value of TON’s infrastructure within Telegram’s billion-user platform.
Alongside this pivot, TSC is undergoing a leadership refresh, appointing Veronika Kapustina as CEO and Sarah Olsen as CFO. Backed by notable names from both traditional finance and crypto, the firm is emerging as a leader in institutional digital asset adoption.
As the line between legacy finance and blockchain blurs, TSC’s approach could set the standard for other publicly listed firms seeking to blend the high-growth potential of Web3 with accessible investment models.