TON STRATEGY CO.
Verb Technology Company (NASDAQ, VERB), a social commerce platform, announced a radical change to enter the crypto world.
The company will raise $558 million through a private placement that will fund its transformation into the first publicly traded company to adopt Toncoin (TON) as its primary reserve asset in its treasury.
After the closing of the transaction scheduled for August 7, Verb will rebrand itself as TON Strategy Co., marking a complete shift in its business strategy. The company will allocate the majority of the capital for the purchase of Toncoin (TON) and for participation in staking programs, aiming to become one of the largest institutional holders of the token globally.
