$TON -strategy in action: How Verb Technology plans to become a key player in the blockchain The Open Network
Verb Technology Company, which will soon be called Ton Strategy Company, announced a significant increase in its treasury assets, with a total amount exceeding 780 million dollars.
The majority of this amount, namely 713 million dollars, consists of the cryptocurrency Toncoin (TON), which is the primary currency of the blockchain The Open Network (TON). The remaining 67 million dollars is in cash.
This move is part of Verb Technology's strategy to accumulate a large amount of Toncoin. The company aims to own over 5% of the total Toncoin in circulation. This will allow it to play a key role in supporting and protecting the infrastructure of the TON network.
Verb Technology also plans to increase the number $TON per share. To achieve this, the company will use:
Reinvestment of profits.
Rewards from staking.
Operations in capital markets.
The growth of the company’s position is linked to the active integration of Toncoin into the Telegram messenger, which has over 1 billion active users each month.
