1/ $VERB rallies 140% on $558M move into $TON; rebrands as crypto treasury The company raised $558M to acquire 5% of $TON's supply and renamed itself TON Strategy Co., with backing from Kingsway, Ribbit, and Vy Capital. VERB becomes the first publicly traded $TON treasury.

2/ Highlights of the deal: • $558M PIPE from 110+ institutions • $VERB to earn staking rewards on treasury holdings • 5% of $TON supply to be pulled from open markets >> Read more on Chaos AI: