Toncoin Tanks: Why the Drop Despite Verb Tech’s Bold TON Treasury Play?

Toncoin's price takes a nosedive—even as Verb Technology makes waves with its TON treasury maneuver. What gives?

Market watchers scratching their heads as TON defies bullish logic. Did the 'smart money' miss the memo—or just exit stage left before the curtain call?

One thing's clear: in crypto, even treasury moves can't outrun the ghosts of volatility. Maybe someone should tell the algo-traders.

Key Insights:

• Toncoin price fell 7.02% to $3.37 on August 4, 2025, despite major investment news.
• Verb Technology unveiled a $558 million Toncoin treasury strategy.
• It became the first public company to adopt Toncoin as part of its treasury plan.

Current market data shows that Toncoin (TON) price saw a drastic decline of 7.02% to $3.37 on August 4, 2025

Surprisingly, the price reduction came even after Verb Technology announced a $558 million investment in Toncoin.

As detailed, the company plans to create a Toncoin treasury, becoming the first public firm to adopt this strategy.

Verb Unveils $558 Million Toncoin Reserve Strategy

According to the official announcement, Verb Technology Company, based in Las Vegas, shared details of a large funding round.

The company raised about $558 million through a private placement. This MOVE is part of its plan to rebrand as TON Strategy Co. and focus on building a treasury made up of Toncoin.

The deal involves the sale of around 58.7 million shares, including pre-funded warrants, at $9.51 per share.

As detailed, more than 110 investors took part in the funding round, including Kingsway Capital, Vy Capital, Blockchain.com, and others. The funding is expected to close by August 7, 2025.

Verb plans to use most of the funds to buy Toncoin, the native token of The Open Network blockchain.

The company said this WOULD make it one of the largest holders of Toncoin in the world. The token will become the company’s main reserve asset.

Meanwhile, the announcement followed news from earlier this year that Telegram had chosen Toncoin to support its app features.

Telegram, one of the largest messaging platforms with over a billion users, now uses Toncoin for payments, ads, and digital assets within the app.

Telegram’s built-in TON Wallet also launched in the United States for more than 87 million users.

Despite Big Plans, Toncoin Price Declines

It is worth mentioning that even with the major announcement from Verb, Toncoin’s price fell on the same day.

As of writing, TON price was down 7.02% to $3.37. This has stirred up conversations and questions among market participants.

Responding to the news, some analysts suggested that investors may be waiting to see how the plan will work before reacting.

Others said the price drop could be due to market shifts not tied directly to the announcement.

The crypto market has seen mixed results in recent weeks, which may have added pressure to Toncoin’s price.

Meanwhile, there was also no major news from Telegram or the TON Foundation on the day of the drop.

While the idea of a public company holding Toncoin at this level is new, it may take time for that to affect the token’s price.

It is also possible that traders sold some holdings after the recent rise in Toncoin’s value in previous weeks.

Essentially, the price drop may not reflect a lack of interest but rather a wait-and-see approach.

New Team to Lead Strategy

It is important to add that along with the funding news, Verb also announced changes to its leadership team.

As detailed, Manuel Stotz, the CEO of Kingsway Capital and President of the TON Foundation, will take over as Executive Chairman.

Veronika Kapustina will become CEO, and Sarah Olsen will serve as CFO. Peter Smith, CEO of Blockchain.com, will act as a Special Advisor.

The company said its current business will continue and grow alongside the Toncoin strategy.

Verb’s stock will still trade on the Nasdaq under the symbol VERB. The name change to TON Strategy Co. will take effect after the deal closes.

The company said it will provide updates on its Toncoin holdings, future purchases, and governance steps in the coming weeks.

For now, investors will be watching to see if the large bet on Toncoin will pay off or if the market will remain cautious.