🏆 Yesterday marked a historic milestone: for the first time, investors gained access to a TON-holding company listed on the US stock market (ticker: VERB). This company is deploying $558 million to accumulate Toncoin — never selling, only buying more over time.

↗️ VERB’s stock more than doubled on its first trading day, pushing its market cap above $1 billion and earning it unicorn status on day one. The investor list includes long-time TON supporters like Kingsway, Vy Capital, and Ribbit, alongside many new institutional backers.

🪙 TON (The Open Network) is an infinitely scalable blockchain that we helped develop years ago to meet the needs of Telegram’s hundreds of millions of users. Today, TON is the economic backbone of Telegram — much like a national currency powers a country’s economy.

🌎 On Telegram, everything runs on TON: from payouts to creators and app developers to ad payments, mini apps and collectibles like usernames, numbers, and gifts. As a result, TON is now the #2 blockchain by daily NFT trading volume, second only to Ethereum.

🧠 It’s no surprise that Verb Technology — to be rebranded as TON Strategy — has chosen TON as its primary treasury asset. It’s mirroring MicroStrategy’s bitcoin playbook, which let it grow from $1B to $100B+ in 5 years. The half a billion $ Verb is investing into TON is just the start.

🪙 Good week for TON. Verb, a NASDAQ-listed company that has chosen TON as its primary asset, has successfully raised $558 million to begin buying and stockpiling TON immediately.

Meanwhile, Coinbase Ventures has also started accumulating TON.

Exciting times ahead! 🚀