Verb Technology completed a $558 million private sale intended for building the TON enterprise treasury.

robot
Abstract generation in progress

[Verb Technology completes $558 million private sale to build TON corporate treasury] Nasdaq-listed Verb Technology Company announced that it has raised $558 million by issuing approximately 58.7 million shares of common stock, led by Kingsway, with participation from several institutions including Vy Capital, Blockchain.com, Ribbit Capital, and Graticule (GAMA), CMCC Global, Pantera, ParaFi Capital, Luxor Capital, Arrington Capital, Animoca, CEX, and Primitive Ventures. The company plans to immediately purchase TON and use it as the company's primary financial reserve asset. Additionally, the company plans to change its name to TON Strategy Co.

TON2.9%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)