
律动BlockBeats|Aug 21, 2025 15:21
[Verb Technology Discloses Holdings of $713 Million in TON and $67 Million in Cash]
BlockBeats News, August 21, Verb Technology Company, Inc. (NASDAQ: VERB, to be renamed Ton Strategy Company) announced today that the company's treasury assets have exceeded $780 million, including $713 million in Toncoin (TON) and $67 million in cash.
Previously, on August 8, Verb Technology completed a $558 million private placement, with participation from over 110 institutional and crypto-native investors. The company allocated the majority of the private placement proceeds to acquire TON as its primary treasury reserve asset, aiming to accumulate over 5% of TON's circulating supply.
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