🚀 Nasdaq’s VERB Secures $558M Mega-Deal for 5% of TON – Stock Skyrockets 193%

Wall Street meets crypto in a blockbuster move—Nasdaq-listed VERB just locked down a $558 million stake in TON, sending its shares into the stratosphere.

The Breakdown:
VERB’s bold bet on The Open Network (TON) isn’t just a footnote—it’s a seismic shift. The 5% acquisition screams institutional confidence, and traders responded by turbocharging the stock 193% in a single session. Forget 'quiet accumulation'—this is a brass-knuckled power play.

Why It Matters:
TON’s blockchain scalability has been turning heads, but VERB’s half-billion-dollar endorsement? That’s a flare gun to the entire sector. Meanwhile, crypto skeptics are left muttering about '2021 vibes' over their lukewarm oat milk lattes.

The Punchline:
When traditional finance heavyweights start writing crypto checks this big, it’s either a genius pivot—or the ultimate 'hold my beer' moment. Either way, buckle up.

TON Strategy Co. Bets on Toncoin’s Future as Telegram-Backed Ecosystem Gains Global Traction

Unlike the Bitcoin-centric strategies seen in firms like MicroStrategy or Metaplanet, TSC’s model is Toncoin-focused, anchored in a growing ecosystem supported by integrations with the messaging platform Telegram and a rising decentralized finance (DeFi) sector.

Telegram and the TON Foundation recently cemented TON’s role as the exclusive blockchain for the platform. TON now powers Telegram Ads and tokenized assets like usernames and NFTs, and it is the only network approved for Telegram’s mini-apps.

Integrated directly into the messenger, TON Wallet launched this quarter for 87 million U.S. users, with Telegram boasting over one billion monthly active users worldwide.

At press time, Toncoin ranks #33 by total value locked (TVL) on DeFi platforms, holding $155.56 million. Its stablecoin market cap stands at $782.13 million, reflecting a 17% gain over the past week.

Additionally, the company stated that its Toncoin holdings will serve as both a store of value and a source of income, generating yield through staking mechanisms designed to be cash-flow-positive over time.

At the close of the transaction, the company seeks to retain 77% of the capital raised in liquid assets, allowing it to acquire up to 5% of Toncoin’s current circulating market capitalization. About 36% of VERB’s share capital will be subject to a lock-up of six to twelve months.

TSC Follows SOL Strategies’ Playbook with Toncoin Bet

While TON Strategy Co. (TSC) prepares for its transition into a crypto treasury vehicle, it has affirmed that its core business operations will remain active and are expected to grow alongside its digital asset exposure.

The strategy echoes a similar path recently taken by SOL Strategies, which became the first public company to adopt a phased acquisition model centered around Solana. In 2025, the firm raised $500 million via a convertible note to fund its SOL treasury and take part in validator operations.

@solstrategies_ files for $1B financing flexibility to capitalize on solana ecosystem growth through a preliminary base shelf prospectus. #Solana #SOLhttps://t.co/9JYsJMqfc9

SOL Strategies, formerly known as Cypherpunk Holdings, has evolved into one of the most ambitious institutional validators on the Solana network. The company has accumulated over 260,000 SOL, with roughly 60% staked through institutional validators, yielding between 6% and 8%.

Public wallet activity indicates consistent accumulation and a preference for native staking methods, rather than third-party custodians.

TSC’s move to anchor its treasury in Toncoin may indicate a broader institutional shift toward integrating emerging Layer-1 assets with real user bases, particularly those embedded within social platforms like Telegram.

Despite the headline-making announcement, Toncoin ($TON) saw a mild setback, falling 3.3% on the day. The pullback comes amid broader market volatility and profit-taking following a recent rally.

Still, investor enthusiasm around the treasury initiative appeared firmly intact, at least on the equity side. Shares of Verb Technology Company Inc. (VERB) soared 193.38% on August 4, trading at $27.40 by mid-morning.