LAS VEGAS--(BUSINESS WIRE)-- #AI--Verb Technology Company, Inc. (Nasdaq: VERB) (to be renamed Ton Strategy Company) (the “Company”) today announced treasury assets exceeding $780 million, including $713 million1 of Toncoin ($TON), the native cryptocurrency of The Open Network (“TON”) Blockchain, and $67 million of cash. This is an important milestone in the Company’s implementation of its previously announced $TON treasury strategy. Today’s news follows the Company’s August 8 closing of a $558 millio
Related Questions
How will the $713M TON holding affect VERB’s valuation and price-to-treasury ratio relative to peers?
What are the potential risks and upside of the company’s exposure to TON, including regulatory and market volatility?
When does the company expect to monetize or convert the TON assets, and how will that impact future cash flow and earnings guidance?