Verb Technology plans to raise US$558 million to establish its first listed TON financial strategy company

According to Foresight News, Verb Technology, a US-listed company, announced that it has completed approximately US$558 million in PIPE private equity financing and plans to rename TON Strategy Co., becoming the first listed company with TON as its core reserve asset. The round is priced at $9.51 per share, led by Kingsway Capital, with over 110 institutions and crypto investors participating. The funds will be mainly used to acquire Toncoin (TON) and obtain income through pledge.
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