Overview

• Verb closed a $558 million private placement in early August backed by more than 110 institutional and crypto‑native investors and deployed most proceeds into Toncoin.
• The company now reports $713 million in Toncoin and $67 million in cash on its balance sheet, taking total treasury assets past $780 million.
• Management says the strategy focuses on staking to earn yield, disciplined market purchases, and cash flow reinvestment to increase Toncoin holdings on a per‑share basis.
• The firm plans to rebrand as Ton Strategy Company as it positions itself as a dedicated public‑company TON treasury vehicle.
• Toncoin ticked higher to roughly $3.28–$3.30 following the disclosure, though the token remains well below its June 2024 peak.