- Its treasury has surpassed $780 million, including $713 million held in Toncoin and $67 million in cash and equivalents.
- The milestone follows a $558 million private placement completed earlier this month.
- Verb aims to accumulate 5% of Toncoin’s circulating supply.
Institutional investors are driving market trends, showing buying activity in the aftermath of the recent broad market decline.
Verb Technology, a NASDAQ-listed company that will soon rebrand as Ton Strategy Company, disclosed a major milestone that aligns its treasury strategy with the Telegram-based blockchain.
The livestreaming firm announced that its treasury holdings topped $780 million, with the Open Network’s native token comprising the majority at $713 million.
It holds the remaining $67 million in cash.
This development follows Verb’s $558 million private placement earlier this month, which attracted crypto-focused investors and over 110 institutions—underscoring confidence in Verb’s digital asset approach and in Toncoin itself.
Commenting on the milestone, Verb’s Executive Chairman Manuel Stotz said:
Crossing $780 million in assets shortly after our private placement reflects deep conviction in $TON. This is more than building a balance sheet; it’s about contributing to the security of the TON blockchain, where participants can build, transact, and directly benefit from the underlying financial protocols.
Verb targets 5% of Toncoin supply
Verb Technology aims to be a central participant in the Open Network ecosystem.
The company plans to acquire more than 5% of Toncoin’s circulating supply (currently about 2.56 billion tokens), which would make Verb one of the more significant contributors to TON’s blockchain security.
Verb also intends to increase its Toncoin holdings on a per-share basis over time by leveraging staking rewards, disciplined market activity, and reinvestment of cash flows.
That strategy is designed to ensure Verb plays an active role in supporting platform infrastructure while seeking to maximize returns.
Stotz added:
By becoming the first and largest publicly listed TON treasury, VERN does more than hold TON on its balance sheet; it helps fortify the economic foundations of the network itself.
TON’s potential
Verb Technology’s focus is not on a random digital asset. Toncoin benefits from unique institutional and ecosystem support.
Toncoin is the first major coin to gain backing from a large social messaging platform. While other tokens have tried to become payment rails for social networks, Toncoin has a direct integration with Telegram.
Telegram, a leading messaging app with roughly 1 billion monthly active users, has worked with the Ton Foundation to make Toncoin the native asset powering aspects of its ecosystem.
That integration expands the token’s utility—serving as the backbone for payments, wallets, and emerging decentralized applications (dApps) within Telegram.
These practical use cases have likely increased TON’s appeal to institutional investors. Recently, Coinbase Ventures also endorsed Toncoin as a strategic token to help further crypto adoption.
Toncoin price action
Toncoin is trading around $3.30, reflecting broader market weakness. A modest 0.71% price uptick suggests a potential shift in short-term momentum as the community digests Verb’s announcement.
TON could see short-term gains, though prevailing market conditions imply any rallies may be limited. Nonetheless, rising institutional interest positions Toncoin for meaningful growth and improved price performance in the months and years ahead.