VERB Technology Company, an acquisition firm focusing on Toncoin (TON), has accumulated over $780 million in assets. They recently completed a $558 million private placement in August, which fueled their investment in TON tokens and led to a significant surge in share prices. VERB aims to capture 5% of the altcoin’s circulating supply through debt and equity issuance and staking rewards, representing approximately 128 million tokens. The rise of altcoin treasury companies on Wall Street is sparking both excitement and apprehension among investors. Some see these strategies as a chance to achieve potentially higher returns compared to directly investing in cryptocurrencies, while others express concerns about the potential for over-leveraging and market downturns leading to liquidations.