CryptoMaven

Big news: Nasdaq listed Verb Technology is diving into TONcoin 🌐

💼 They have just raised $558M in a private placement to become one of the first publicly traded treasury reserves for $TON, the native token powering Telegram’s blockchain ecosystem.

🔄 They are rebranding as TON Strategy Co. and expect to hold about 5% of TON’s circulating supply, earning staking rewards as a long term asset strategy.

📉 Interestingly, TON’s price dropped ~5% following this move amid broader market reactions.

🔍 With institutional investors like Kingsway Capital, kraken, and Pantera backing them, this signals confidence in $TON future potential.

🛠 Verb will still run its existing business operations, like the market live function and recent LyveCom acquisition.