Verb Technology Stock Is Soaring Monday: Here's Why - Verb Technology Co (NASDAQ:VERB)

Verb Technology Stock Is Soaring Monday: Here's Why - Verb Technology Co (NASDAQ:VERB)

Verb Technology Co (NASDAQ:VERB) shares are rising Monday after the company announced a private placement to implement a TON treasury strategy. What To Know: Verb Technology has announced a complete rebrand and strategy shift focused on Toncoin (CRYPTO: TON), the native cryptocurrency of The Open Network blockchain, which powers Telegram’s ecosystem. The company announced the pricing of an upsized and oversubscribed private placement for approxi…

Forget Bitcoin, a Nasdaq firm just picked Toncoin as its treasury asset

Toncoin just got its Wall Street proxy. VERB’s $558M bet signals rising institutional interest. But can the hype hold if the price fades?

Verb Technology Secures $558 Million to Launch Public Toncoin Treasury

Verb Technology raises $558 million to create the first public Toncoin treasury on Nasdaq. The company will rebrand to TON Strategy and shift its focus to Toncoin as its main reserve asset. VERB stock jumped over 50% after the Toncoin treasury announcement and investor backing. Verb Technology, listed on Nasdaq, is transitioning into a crypto treasury firm. The company announced a $558 million private placement. This deal is part of its plan to …

Verb secures $558M to become first TON treasury vehicle, plans TON Strategy rebrand

Verb Technology has priced an oversubscribed $558 million private placement to pivot into a Toncoin (TON)-focused treasury vehicle in partnership with Kingsway Capital. According to an Aug. 4 statement, Verb plans to rebrand to TON Strategy Co. (TSC) post-close and become the first publicly traded treasury reserve for Toncoin (TON), expected on or around August 7. The PIPE covers roughly 58.7 million shares of common stock, including pre-funded …

Video Software Company Verb Announces $558M Raise, Rebrand to TON Strategy Co.

Verb Technology Company, Inc. (Nasdaq: VERB) looks set to be the latest publicly traded company to implement a cryptocurrency reserve strategy, after the company announced a $558m private placement round earlier today.The video software company plans to rebrand as TON Strategy Co. (TSC), becoming the first publicly traded treasury reserve vehicle for Toncoin ($TON), native cryptocurrency of The Open Network (“TON”) blockchain.Verb's stock skyroc…