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Verb Technology Secures $558 Million to Establish First TON Treasury Company

Published by news.bitcoin.com on 18 hours ago

Verb Technology Secures $558 Million to Establish First TON Treasury Company

Verb Technology is preparing to undergo a rebranding to become TON Strategy Co. following its successful acquisition of $558 million in an oversubscribed PIPE offering. This strategic funding aims to create the first publicly traded toncoin treasury.

This rebranding initiative is closely tied to the extensive integration of TON within Telegram's ecosystem, further solidifying Verb's status as a prominent institutional investor in TON.

Read Original Article

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