Verb Technology (Nasdaq: VERB) has accumulated over $780 million in assets, with $713 million invested in Toncoin (TON) and $67 million in cash. This strategic move follows a $558 million private placement completed on August 8th, primarily used to acquire TON as a reserve asset. The company aims to hold over 5% of TON's circulating supply, enhancing its influence within the TON network. Verb Technology also plans to increase its TON holdings per share through reinvestment of cash flow and staking rewards.
Verb Technology Amasses $713 Million in Toncoin Holdings
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