Nasdaq-listed Verb secures $558M in funding for TON treasury, initiates rebrand

Nasdaq-listed Verb Technology has raised $558 million in a private placement to establish the first publicly listed company dedicated to holding Toncoin (TON) as a treasury reserve asset. The finan...

By · · 1 min read
Nasdaq-listed Verb secures $558M in funding for TON treasury, initiates rebrand

Source: CryptoSlate

Nasdaq-listed Verb Technology has raised $558 million in a private placement to establish the first publicly listed company dedicated to holding Toncoin (TON) as a treasury reserve asset. The financing round, which was upsized and oversubscribed, was led by Kingsway Capital and drew participation from over 110 institutional and crypto-native investors. Notable backers include Vy […]