Deep Tide TechFlow News, on August 20, the TON Foundation announced on August 20, 2025, that Maximilian Crown will expand his responsibilities and be promoted to President and CEO. The former president Manuel Stotz will step down and focus on serving as the Executive Chairman of Verb Technology Company (soon to be renamed TON Strategy Co.). Crown, as the co-founder of MoonPay, was appointed CEO earlier this year, and this promotion reflects the board's confidence in his leadership abilities.