Verb Technology Company, Inc. (NASDAQ: VERB, to be renamed Ton Strategy Company) today announced that its treasury has exceeded $780 million, including $713 million of Toncoin (TON) and $67 million in cash.
Previously, Verb Technology completed a $558 million private placement on August 8, with more than 110 institutional and crypto-native investors participating. The company used most of the proceeds from the private placement to acquire TON as its main treasury reserve asset. The goal is to hoard more than 5% of TON's circulating supply.
Verb Technology: Holds $713 million worth of TON and $67 million in cash
2025-08-21 15:24:38
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