Verb Technology Invests $780 Million in Toncoin, Fueling Blockchain Finance Shift

Verb Technology has made a major move into blockchain finance by securing over $780 million in treasury assets, including a substantial portion allocated to Toncoin (TON). This strategic investment marks a significant shift for the company as it transitions from social commerce to a focus on cryptocurrency-backed financial services. 110 investors participated in a $558 million private placement that yielded this asset acquisition. The move has significant implications for market liquidity, staking dynamics, and governance within the TON ecosystem.