- Its treasury has surpassed $780 million, including $713 million in Toncoin and $67 million in cash.
- The milestone follows a $558 million private placement that closed earlier this month.
- Verb aims to accumulate 5% of Toncoin’s circulating supply.
Institutional players are shaping market trends with significant buy-side activity amid the current broad market downturn.
NASDAQ‑listed Verb Technology, which will soon change its name to Ton Strategy Company, disclosed a major milestone aligning its strategy with the Telegram‑based blockchain.
The live‑commerce company revealed that its treasury assets have topped $780 million, the bulk of which is held in the native Open Network token, Toncoin, valued at $713 million.
JUST IN: 🇺🇸 Publicly traded Verb Technology buys $713,000,000 worth of $TON for its treasury. pic.twitter.com/6FzOWVAjDL
— Whale Insider (@WhaleInsider) August 21, 2025
The remaining $67 million is held in cash.
The development follows Verb’s $558 million private offering earlier this month, which attracted crypto‑focused investors and more than 110 institutions, signaling confidence in Verb’s digital asset strategy and in Toncoin.
Commenting on the milestone, Verb’s CEO Manuel Stotz said:
Surpassing $780 million in assets just days after our private offering reflects the conviction behind $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 core financial protocols.
Verb targets 5% of Toncoin supply
Verb Technology intends to become a central participant in the Open Network ecosystem.
The company plans to accumulate more than 5% of Toncoin’s circulating supply (currently about 2.56 billion tokens).
If achieved, this would make Verb a leading steward of TON’s network security.
Verb also intends to incrementally increase its Toncoin holdings per share over time by leveraging staking rewards, disciplined market activity, and reinvestment of cash flows.
That approach would allow Verb to actively support the platform’s infrastructure while seeking to maximize returns for shareholders.
Stotz added:
By becoming the first and largest publicly traded TON treasury, VERN not only holds TON on its balance sheet—we are helping to strengthen the underlying economics of the network itself.
TON’s positioning and potential
Verb’s strategy is not focused on arbitrary digital assets.
Toncoin stands out as the first cryptocurrency to gain native support from a leading social platform.
Telegram, a major communications platform with roughly 1 billion monthly active users, has partnered with the Ton Foundation to make Toncoin the primary asset powering its ecosystem.
That integration has strengthened Toncoin’s utility across payments, wallets, and emerging decentralized applications (dApps) within Telegram, increasing its appeal to institutional investors.
Recent endorsements, including support from Coinbase Ventures, have highlighted Toncoin as a viable token to help drive broader crypto adoption.
Toncoin price action
Toncoin is trading around $3.30, reflecting the prevailing weakness across broader markets.
A modest 0.71% uptick in price suggests a potential shift in momentum as the community digests Verb’s updates.
TON could see short‑term gains in the near term, although overall market conditions point to constrained upside for now.
Nevertheless, growing institutional interest positions Toncoin for notable growth and stronger price performance in the coming months and years.