No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, October 9, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Verb Stock Soars 200% After TON Treasury Plan

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Verb Stock Soars 200% After TON Treasury Plan
Share on FacebookShare on TwitterShare on LInkedIn



Verb Technology Company’s stock skyrocketed more than 200% intraday on Monday after it announced a $558 million PIPE deal and a pivot toward crypto.

The social commerce company said it plans to rebrand as TON Strategy Co., becoming the first publicly traded treasury reserve vehicle for Toncoin (TON), the native token of Telegram’s blockchain ecosystem.

The offering included about 58.7 million shares and pre-funded warrants priced at $9.51. Investor enthusiasm around the company’s move into crypto sent the stock soaring to a high of $29.33 before settling to about $27 at time of writing, according to Google Finance.

Proceeds from the raise will be used to acquire and stake TON as the company’s primary treasury asset, as it aims to capitalize on institutional interest in blockchain-native reserves.

Related: Ton Wallet goes live for Telegram users in US

TON-aligned investors take the lead

Several major investors in the $558 million deal have direct ties to Toncoin and the Telegram ecosystem, signaling that Verb’s pivot is part of a coordinated strategy to bring TON into public markets.

Kingsway Capital led the round. Kingsway’s CEO, Manuel Stotz, is president of the TON Foundation. Stotz will take over as executive chairman of the rebranded TON Strategy Co.

“Telegram is the preferred messenger for the growing global crypto community, and $TON is the currency that powers the Telegram ecosystem,” Stotz said in the announcement. “Permanent capital vehicles are particularly suitable for long-term holdings of $TON, which not only has the potential to compound in value, but also offers staking yield.”

Other investors include Blockchain.com, whose CEO Peter Smith will join as special adviser to TON Strategy Co., and Vy Capital, a longtime backer of Telegram. Additional participants like Animoca Brands and The Open Platform (TOP) have partnered directly with the TON Foundation on gaming, tokenized assets, and Telegram-integrated Mini Apps.

Related: The role of the Telegram ecoystem in the future of Web3 — Interview with Catizen

Crypto treasury companies on the rise

Verb’s pivot follows a growing trend of public companies beginning to hold altcoins as treasury assets, reflecting an increasing trend of corporate investment in crypto beyond Bitcoin. That momentum accelerated in late July, when at least 16 companies announced plans to raise or deploy over $7.8 billion into crypto.

Several companies moved into Ether (ETH) last week, including BTCS Inc., which filed to sell up to $2 billion in shares, and Sharplink Gaming, which purchased $338 million worth of ETH across two deals.

Last week, Tron Inc. announced plans to raise $1 billion to buy TRX, the native token of the TRON network. Around the same time, Canadian vape company CEA said it would raise $400 million to unlock up to $1.25 billion for purchasing Binance’s BNB token, sending its stock soaring 550%.

Mill City Ventures III finalized a $450 million deal to shift its focus toward acquiring Sui, while Cemtrex Inc. revealed a $1 million Solana (SOL) purchase, with plans to expand its position to $10 million.

Magazine: Danger signs for Bitcoin as retail abandons it to institutions — Sky Wee



Source link

Tags: planSoarsstockTonTreasuryVerb
ShareTweetShare
Previous Post

How advisors are planning for Social Security changes

Next Post

AFE Private Wealth, E Social Club to open new facility

Related Posts

edit post
SCA Grants Bybit Full UAE License; Expansion Planned in Abu Dhabi and Dubai

SCA Grants Bybit Full UAE License; Expansion Planned in Abu Dhabi and Dubai

by TheAdviserMagazine
October 9, 2025
0

Bybit, a cryptocurrency exchange, has secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority of the...

edit post
Why The Bitcoin Price Might Never Drop Below 0,000 Again

Why The Bitcoin Price Might Never Drop Below $100,000 Again

by TheAdviserMagazine
October 9, 2025
0

Crypto analyst PlanB has explained why the Bitcoin price may never drop below $100,000 again. This comes as market participants...

edit post
Bitcoin and Ether ETFs Extend Inflow Streak to 8 Days

Bitcoin and Ether ETFs Extend Inflow Streak to 8 Days

by TheAdviserMagazine
October 9, 2025
0

Bitcoin and ether exchange-traded funds (ETFs) notched their eighth consecutive day of inflows, bringing in $441 million and $69 million,...

edit post
Crypto Funds Flip Total 2024 Inflows At .7 Billion YTD

Crypto Funds Flip Total 2024 Inflows At $48.7 Billion YTD

by TheAdviserMagazine
October 9, 2025
0

Cryptocurrency investment products have reached a major milestone, with year-to-date (YTD) inflows surpassing the total gains recorded in 2024.Global crypto...

edit post
Grayscale stakes 857,600 ETH valued at .8B today

Grayscale stakes 857,600 ETH valued at $3.8B today

by TheAdviserMagazine
October 8, 2025
0

Key Takeaways Grayscale staked 857,600 ETH, worth $3.8 billion on Oct. 8. The staked ETH is held in both Grayscale's...

edit post
‘Rugged’ By Gold? Economist Thinks Bitcoin’s Glory Days May Be Numbered

‘Rugged’ By Gold? Economist Thinks Bitcoin’s Glory Days May Be Numbered

by TheAdviserMagazine
October 8, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin pulled back from fresh highs this...

Next Post
edit post
AFE Private Wealth, E Social Club to open new facility

AFE Private Wealth, E Social Club to open new facility

edit post
How the Rise of “Accidental Landlords” Has Transformed the Housing Market

How the Rise of "Accidental Landlords" Has Transformed the Housing Market

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Raymond James sues to retrieve dead advisor’s laptop

Raymond James sues to retrieve dead advisor’s laptop

September 11, 2025
edit post
Here’s What to Expect From D.R. Horton’s Next Earnings Report

Here’s What to Expect From D.R. Horton’s Next Earnings Report

0
edit post
I Pay ,800 for Daycare on a ,200 Salary—but Still Save 0 Monthly

I Pay $1,800 for Daycare on a $4,200 Salary—but Still Save $570 Monthly

0
edit post
Rocket Money App Review: Is It Worth It?

Rocket Money App Review: Is It Worth It?

0
edit post
Pakistan’s hidden occupation: PoGB left voiceless under Islamabad’s control

Pakistan’s hidden occupation: PoGB left voiceless under Islamabad’s control

0
edit post
Rothbard on the Constitution | Mises Institute

Rothbard on the Constitution | Mises Institute

0
edit post
SCA Grants Bybit Full UAE License; Expansion Planned in Abu Dhabi and Dubai

SCA Grants Bybit Full UAE License; Expansion Planned in Abu Dhabi and Dubai

0
edit post
I Pay ,800 for Daycare on a ,200 Salary—but Still Save 0 Monthly

I Pay $1,800 for Daycare on a $4,200 Salary—but Still Save $570 Monthly

October 9, 2025
edit post
Gavin Newsom flexes his own ‘MAHA’ plan as he moves to crack down on ultraprocessed foods in school lunch

Gavin Newsom flexes his own ‘MAHA’ plan as he moves to crack down on ultraprocessed foods in school lunch

October 9, 2025
edit post
Where to Get a Low-Cost or Free Mammogram

Where to Get a Low-Cost or Free Mammogram

October 9, 2025
edit post
Is This Budgeting App Worth It?

Is This Budgeting App Worth It?

October 9, 2025
edit post
Rocket Money App Review: Is It Worth It?

Rocket Money App Review: Is It Worth It?

October 9, 2025
edit post
SCA Grants Bybit Full UAE License; Expansion Planned in Abu Dhabi and Dubai

SCA Grants Bybit Full UAE License; Expansion Planned in Abu Dhabi and Dubai

October 9, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • I Pay $1,800 for Daycare on a $4,200 Salary—but Still Save $570 Monthly
  • Gavin Newsom flexes his own ‘MAHA’ plan as he moves to crack down on ultraprocessed foods in school lunch
  • Where to Get a Low-Cost or Free Mammogram
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.