Nasdaq-listed Verb Technology Adds $713M In Toncoin To Treasury

Verb Technology, a Nasdaq-listed company preparing to rebrand as Ton Strategy Company, has unveiled $780 million in treasury assets, anchored by $713 million in Toncoin and $67 million in cash. The move signals an aggressive commitment to the TON ecosystem, positioning the firm as the first publicly traded TON treasury.

The disclosure follows the firm’s $558 million private placement completed on August 8, backed by over 110 institutional and crypto-native investors. Most proceeds were allocated to TON purchases, aligning with Verb’s goal of acquiring more than 5% of the token’s circulating supply.

Management says the strategy includes reinvesting cash flows, staking rewards, and selective capital market activity to boost Toncoin holdings per share. By framing TON as a core reserve asset, Verb is seeking to strengthen the blockchain’s economic foundation while establishing itself as one of its most influential institutional holders.

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