Verb Technology's assets reach $780 million, reinvesting in TON blockchain strategy

According to reports, Verb Technology Company now holds over $780 million in assets, including $713 million worth of Toncoin and $67 million in cash. This marks a significant advancement for the company in promoting its TON blockchain-related strategy. Previously, the company completed a private financing round worth $558 million on August 8, with most of the funds used to purchase Toncoin as a primary reserve asset. The company plans to increase its circulating supply of TON to over 5%, becoming a key participant in the TON network, while gradually increasing the amount of TON held per share through reinvestment of cash flow, staking incentives, and other methods.