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Verb Technology Discloses Holdings Worth $713 Million in TON and $67 Million in Cash

Summary: In breaking news, 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. Prior to this, Verb Technology completed a $558 million private placement on August 8, with over 110 institutional ...

In breaking news, 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.

Prior to this, Verb Technology completed a $558 million private placement on August 8, with over 110 institutional and crypto-native investors participating. The majority of the funds raised from the private placement were used to purchase TON as the primary treasury reserve asset. The goal is to accumulate over 5% of the circulating supply of TON.

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Link: Verb Technology Discloses Holdings Worth $713 Million in TON and $67 Million in Cash [Copy]

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