Breaking News
Hey friends, here’s something pretty wild happening in the crypto world today:
Verb Technology, which is traded on Nasdaq, just closed a massive $558 million private funding round. They’re using this money to buy up Toncoin (TON), and get this—they’re turning it into their main treasury asset. It’s a big move into staking and holding, designed to earn returns while sticking with the token long-term .
But there’s more—Verb is rebranding itself as TON Strategy Co., basically turning into a crypto treasury firm focused entirely on Toncoin . The deal was big on institutional backing too, with Kingsway Capital leading and heavy hitters like Blockchain.com, Pantera, Kraken, and more joining in .
In short: a traditional tech company is reinventing itself as a Toncoin reserve, staking tokens and betting on Telegram’s massive ecosystem to drive value. Pretty big gamble—and fascinating to watch.
Source: crypto.news
