Explains How One Billion-User Global Messaging App Telegram Underpins Their Highly Differentiated Digital Asset Treasury Growth StrategyLAS VEGAS, Sept. 04, 2025 (GLOBE NEWSWIRE) -- TON Strategy Company (formerly Verb Technology Company Inc. VERB) (Nasdaq: TONX) (“TONX” or the “Company”), a digital asset treasury company committed to holding Toncoin ($TON), today announced that its Executive Chairman Manuel Stotz was interviewed on CNBC’s Squawk Box Asia. The interview, aired live throughout Asia on Wednesd ...

Core Viewpoint - Verb Technology Company, Inc. has successfully closed a $558 million private placement to support the acquisition of Toncoin, the native cryptocurrency of The Open Network blockchain, aiming to become the largest publicly traded treasury reserve of Toncoin [1][3]. Company Strategy - The majority of the net proceeds from the PIPE transaction will be used to acquire Toncoin, which will serve as the primary treasury reserve asset for the company [3]. - The company plans to generate sustainable staking rewards from its Toncoin holdings to manage and grow its exposure in a cash flow positive manner [3]. - Verb Technology Company intends to rebrand as TON Strategy Co. to reflect its new focus on digital assets while continuing to operate its existing business units [3]. Investment Participation - The PIPE transaction involved approximately 58.7 million shares of common stock and participation from over 110 institutional and crypto-native investors, including notable firms such as Vy Capital, Blockchain.com, and Ribbit Capital [2]. - The transaction was led by Kingsway Capital, which played a significant role in the placement [2]. Leadership and Advisory Team - The company will be led by a team with extensive experience in digital assets, including Executive Chairman Manuel Stotz, who has over 15 years of investment experience in the blockchain ecosystem [5]. - CEO Veronika Kapustina has a background in capital markets and blockchain, having previously served as a Senior Advisor to the TON Foundation [5]. - CFO Sarah Olsen brings expertise from her previous role at JP Morgan, focusing on blockchain and tokenized assets [5]. Company Overview - Verb Technology Company operates in the social commerce space, leveraging technology and video marketing to enhance customer engagement and conversion rates [7]. - The company has developed a multi-vendor, livestream social shopping platform, integrating advanced AI capabilities for content creation and audience interaction [7].

Core Viewpoint - Verb Technology Company, Inc. is positioning itself to become the first publicly traded treasury reserve of Toncoin ($TON) through an upsized and oversubscribed private placement (PIPE transaction) [1][2][7] Group 1: PIPE Transaction Details - The company has entered into a PIPE transaction for approximately 58.7 million shares at a price of $9.51 per share, aiming for gross proceeds of about $558 million [2][7] - The majority of the net proceeds will be used to acquire $TON, establishing it as the primary treasury reserve asset [2][9] - The transaction is expected to close around August 7, 2025, subject to customary conditions [2][9] Group 2: Strategic Partnerships and Ecosystem - The TON blockchain will exclusively power Telegram's ecosystem, facilitating transactions for millions of creators and developers [3][4] - Telegram has over one billion monthly active users, making it a significant platform for $TON [3][7] - The company will benefit from a strategic partnership with Kingsway Capital and Blockchain.com, enhancing its institutional and crypto expertise [5][6][7] Group 3: Leadership and Expertise - The incoming leadership team includes Manuel Stotz as Executive Chairman, who has significant experience in the crypto industry [6][7] - Peter Smith, CEO of Blockchain.com, will serve as a special advisor, bringing additional expertise to the company [5][13] Group 4: Market Position and Future Plans - The company aims to be one of the largest holders of $TON globally, generating sustainable staking rewards [2][4] - The updated treasury strategy will be effective immediately after the transaction closes, emphasizing transparency and compliance [9][14] - The company plans to provide updates on the acquisition of $TON and governance measures in the coming weeks [9]

Core Viewpoint - Verb Technology Company, Inc. reported strong financial results for Q1 2025, showcasing significant revenue growth and successful acquisitions, while maintaining a robust cash position and zero debt [5][8][10]. Financial Performance - The company reported revenue of $1.3 million for Q1 2025, representing an 80% increase over Q4 2024 and approximately 46% growth compared to the total revenue of $895,000 for all of 2024 [8]. - The company has a clean balance sheet with zero debt and a strong cash position, allowing it to fund operations easily into 2028 and beyond [10][12]. Business Developments - Verb Technology completed an $8.5 million cash and stock acquisition of an AI social commerce technology company, integrating its technology into Verb's platform [9]. - The company signed numerous high-profile clients for its MARKET.live platform, which is now white-labeling its services for various brands [13]. Product and Service Growth - The telehealth platforms, VanityPrescribed and GoodGirlRx, are experiencing month-over-month growth, contributing to recurring subscription-based revenue [15]. - The "Go Fund Yourself" crowdfunding TV show is gaining popularity, leading to increased demand from issuers and the production of multiple episodes each month [15]. Technology and Innovation - MARKET.live has enhanced its technology to allow streaming directly from clients' websites, enabling brands to maintain customer relationships while broadcasting across social media [14]. - The company leverages advanced AI capabilities for user-generated content creation and automated video content repurposing, optimizing merchandising strategies and increasing conversion rates [20].

Core Insights - Verb Technology Company, Inc. is transforming social commerce, telehealth, and crowdfunding through innovative platforms and technologies [1][4] - CEO Rory J. Cutaia will discuss the company's growth strategies and the new crowdfunding TV show "GO FUND YOURSELF" on Cheddar TV [2][3] Company Overview - Verb Technology Company operates multiple business units leveraging social commerce technology and video marketing expertise, including MARKET.live, LyveCom, VANITYPrescribed, and GoodGirlRx [4] - The company is headquartered in Las Vegas, NV, with production and creator studios in Los Angeles, CA [8] Product and Service Innovations - MARKET.live is a multi-vendor, livestream social shopping platform that enhances the shopping experience through AI capabilities, enabling real-time user-generated content and automated video ads [5] - The "GO FUND YOURSELF" TV show combines interactive crowdfunding with real-time investment opportunities, allowing viewers to engage directly with presenting companies [6] - VANITYPrescribed and GoodGirlRx are telehealth portals designed to provide affordable healthcare solutions without hidden fees, disrupting traditional healthcare pricing models [7] Recent Developments - The recent acquisition of LyveCom, an AI technology innovator in social commerce, is part of Verb's ambitious growth plans [2]