Verb Technology Raise $558M to Build TON Treasury, VERB Don Surge 55%

Published: 2025-08-04 15:44:18 |

US-listed Verb Technology don announce say dem don secure $558 million through private placement (PIPE financing) to build one dedicated TON treasury. The PIPE financing deal wey Kingsway Capital lead and wey over 110 institutions like Pantera, Blockchain.com and Kraken join, dem plan make e close on August 7. After e close, dem go change Verb name to TON Strategy Co. and dem go use the money buy and stake $TON to generate extra yield. One experienced leadership team wey sabi finance and blockchain dey there: Manuel Stotz (Kingsway founder) as executive chairman, ex-TON Foundation advisor Veronika Kapustina as CEO, former JPMorgan Onyx lead Sarah Olsen as CFO, and Blockchain.com co-founder Peter Smith as special advisor. This move show say dem get confidence for TON deep connection with Telegram—wey get over 1 billion monthly active users worldwide, 87 million for US—and e na the only blockchain for Telegram Mini Apps and for in-chat $TON payments and NFT purchases. After the announcement, Verb stock (VERB) jump 55% for early trading, reach $14.97 and boost market cap to about $20.87 million. The deal highlight say companies dey build crypto treasuries beyond Bitcoin and Ethereum, but e still show say market fit get wahala from volatility and new regulations wey dey come.

Bullish

Dis move e generally mean say e good for TON and the markets wey dey related. Big institution-level PIPE financing show say investors get serious confidence, like wetin happen wen MicroStrategy start dey gather Bitcoin—dis one drive BTC price increase plus stock wey follow am. Di well-known backers and leadership dem dey show dem fit deliver well plus strong governance, wey dey boost how market people feel. Short term, as people go buy and stake $TON quick quick, demand for chain go increase and speculation fit start wey fit push TON price higher. Long term, di partnership with Telegram big user base plus di promise of staking yield go support steady growth for the ecosystem and better liquidity, even when the market dey shaky and regulators dey cause wahala.