Tuesday, August 12, 2025
Major Developments & Partnerships
- Coinbase Ventures Investment: A significant development for the TON ecosystem is the announcement that Coinbase Ventures, the investment arm of the major U.S. crypto exchange Coinbase, has purchased Toncoin (TON). The tokens were acquired directly from Telegram, the messaging app that is closely integrated with the TON blockchain. This is seen as a strong endorsement from a prominent venture capital firm and could signal increased institutional interest in the project, particularly in Western markets. The size and financial details of the investment have not been disclosed.
- Verb Technology's Treasury Strategy: NASDAQ-listed Verb Technology Company has finalized a private placement of approximately $558 million to establish the first publicly-traded TON treasury strategy company. The firm plans to use the majority of these funds to acquire Toncoin, making it one of the largest global holders of the token. The company intends to generate staking rewards from its holdings, creating a cash-flow-oriented treasury while maintaining exposure to the asset.
Ecosystem and Network Growth
- DeFi and dApp Expansion: The TON ecosystem continues to grow, with various DeFi and dApp-related developments. A new campaign called "TON Triumph" has been launched, which eliminates trading fees on TON pairs and offers significant staking rewards.
- Stablecoin Integration: The native deployment of the First Digital USD (FDUSD) stablecoin on the TON blockchain has been announced by the First Digital Group.
- User Adoption: The network's adoption has accelerated, with over 150 million accounts and an average of 2 million transactions per day. This is largely attributed to its integration with the popular messaging app Telegram.