Verb Tech Secures $558M War Chest—TON Treasury Play Signals Crypto’s Institutional Surge
Blockchain's sleeping giant wakes up swinging.
Verb Technology just locked down half a billion dollars to launch the first corporate treasury on The Open Network (TON)—a move that could rewrite how crypto-native firms manage their balance sheets. The funding round smells like institutional money finally getting serious about on-chain finance.
Why this matters:
- $558 million isn't just funding—it's a bet that TON's infrastructure can handle Fortune 500-scale operations
- Treasury management remains crypto's most boring (and lucrative) frontier
- Watch for copycats: Every CFO who mocked Bitcoin now needs a Web3 PowerPoint deck
The fine print? Verb's still gotta prove this isn't just another 'blockchain solution' hunting for a problem. But with traditional finance yields stuck in the Stone Age, even skeptics are eyeing those TON APYs. Just don't mention the 2022 crash at the board meeting.
