PANews August 21 news, according to Verb Technology (Nasdaq: VERB), the company now holds over $780 million in assets, including $713 million in Toncoin (TON) and $67 million in cash. This marks an important milestone for the company in advancing its TON blockchain-related strategy. Previously, the company completed a $558 million private placement on August 8 and used most of the funds to purchase TON as its main reserve asset. The company plans to accumulate more than 5% of the circulating supply of TON and become an important participant in the TON network, while gradually increasing the number of TON held per share through cash flow reinvestment, staking rewards, and other methods.