TON Strategy, a Nasdaq-listed company focused on The Open Network, earned about 3.3 million TON from staking in May, worth over $5.6 million at current prices. The company also supported several network upgrades that launched in early June.
The company reported a monthly staking yield of about 1.48%, a bit higher than in April. By the end of May, it held around 227.5 million TON, with nearly all tokens actively staked to support the network and earn rewards.
TON Strategy said May’s results suggest an annual yield of about 17.8%. These rewards come from TON’s proof-of-stake system, where validators help secure the network and process transactions.
Along with its earnings report, the company said it voted for several governance proposals that took effect on June 4. These upgrades improve smart contract execution, validator communication, throughput, and network security.
CEO Kevin Wilson said these changes are meant to make TON faster, more stable, and better for large consumer apps linked to Telegram’s ecosystem.
TON Strategy, which used to be Verb Technology, shifted its focus to Toncoin in 2025 and has since become one of the network’s most active validators and governance participants.
TON Strategy just earned 3.3M TON (~$5.6M) in staking rewards in May.
The Nasdaq-listed firm now holds 227.5M TON, with 226.8M actively staked, generating an annualized yield of 17.8%.
At the same time, TON’s latest network upgrades are now live, boosting scalability, validator… pic.twitter.com/Vr2nb9FYO8
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