🏆 Yesterday marked a
historic milestone: for the first time, investors
gained access to a TON-holding company listed on the US stock market (ticker:
VERB). This company is deploying
$558 million to accumulate Toncoin — never selling, only buying more over time.
↗️
VERB’s stock more than
doubled on its first trading day, pushing its market cap above
$1 billion and earning it
unicorn status on day one. The investor list includes long-time TON supporters like
Kingsway,
Vy Capital, and
Ribbit, alongside many new institutional backers.
🪙
TON (The Open Network) is an infinitely scalable blockchain that we helped develop years ago to meet the needs of Telegram’s hundreds of millions of users. Today, TON is the economic backbone of Telegram — much like a national currency powers a country’s economy.
🌎 On Telegram, everything runs on TON: from
payouts to
creators and
app developers to
ad payments,
mini apps and
collectibles like usernames, numbers, and gifts. As a result, TON is now the
#2 blockchain by daily NFT trading volume, second only to Ethereum.
🧠 It’s no surprise that
Verb Technology — to be rebranded as
TON Strategy — has chosen TON as its
primary treasury asset. It’s mirroring
MicroStrategy’s bitcoin playbook, which let it grow from
$1B to
$100B+ in
5 years. The half a billion $ Verb is investing into TON is just the start.