🚨 CMC News: Verb Technology Acquires $713M in Toncoin for Strategic Pivot.🔗 https://t.co/UDPcdZJOMZ https://t.co/V8TFw91Ypc ...

🚨 NEW: Verb Technology (soon to be Ton Strategy Company) announced $780M in treasury assets, including $713M in Toncoin, as part of its $TON accumulation strategy. https://t.co/ZYfsdNPEU8 ...

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].

Verb Technology will use $558 million in proceeds from a private placement to begin stockpiling and staking Toncoin, the Las-Vegas based marketer said in a press release on Monday. https://t.co/I1q1EKh3JW ...

🔥It’s official: Verb (Nasdaq: VERB) raised $558M to build the biggest $TON treasury in the world.Led by https://t.co/h6nChkZymH Director @ManuelStotz, our CEO @OneMorePeter serving as special advisor and Co-Founder @niccary stepping up to serve on the board, Verb is on track to hold ~5% of Toncoin’s total supply, powering Telegram’s 1B+ user network.Read more | https://t.co/L4GQRKHZOs ...

Company Strategy - Verb Technology 将更名为 TON Strategy Co (TSC)，旨在推出首家公开上市的 Toncoin (TON) 国库策略公司 [1] - 公司通过私募融资 558 million 美元，用于支持新的 TON 策略 [1] Investment & Funding - Kingsway Capital 领投了此次融资 [1] - 超过 110 家机构和加密货币原生投资者参与了此次融资 [1]

Core Viewpoint - Robinhood Markets (HOOD) is currently trading at a significant premium compared to the industry average, raising questions about whether this valuation is based on long-term growth potential or is disconnected from current fundamentals [2][3]. Group 1: Valuation and Market Position - HOOD has a forward price/earnings (P/E) ratio of 67.23X, significantly higher than the industry average of 14.81X and its peers, Charles Schwab (19.40X) and Interactive Brokers (32.26X) [2][10]. - The premium valuation may be justified by Robinhood's transformation into a diversified global financial services platform, moving beyond retail brokerage into wealth management, advisory services, and consumer finance [30][31]. Group 2: Global Expansion and Product Diversification - Robinhood is expanding its global presence with new product offerings, including tokenized U.S. stocks and ETFs for EU investors, and plans to launch an advanced desktop platform in the U.K. [5][10]. - The company has acquired WonderFi Technologies to strengthen its position in the growing crypto market and plans to establish a new office in Singapore as its Asia-Pacific headquarters [6][7]. - Robinhood's acquisition of Luxembourg-based Bitstamp positions it to enter Singapore's digital assets market, enhancing its crypto product suite [8][17]. Group 3: Business Model Evolution - The company has reduced its reliance on transaction-based revenues from 75% in 2021 to approximately 56% in 2024, indicating a shift towards a more diversified revenue model [11]. - New initiatives include Robinhood Strategies, Banking, Cortex, and a prediction markets hub, aimed at enhancing wealth management offerings [12][14]. - The acquisition of TradePMR and Pluto Capital Inc. further diversifies Robinhood's services, allowing it to cater to wealthier investors and expand into consumer finance [14][15]. Group 4: Cryptocurrency Focus - Robinhood's focus on cryptocurrencies is expected to drive revenue growth, supported by increasing investor interest and the pursuit of Markets in Crypto-Assets Regulation (MiCA) licenses for operations across the European Economic Area [16][18]. - The company currently supports major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, positioning itself to capitalize on the growing digital asset market [18]. Group 5: Financial Health and Shareholder Returns - Robinhood announced a share buyback plan of up to $1 billion, with $833 million remaining as of April 30, 2025, reflecting strong cash reserves of $4.42 billion [19][20]. - The Zacks Consensus Estimate for HOOD's earnings indicates a bullish sentiment, with projected year-over-year growth of 20.2% in 2025 and 28.1% in 2026 [24][27]. Group 6: Regulatory Environment - Robinhood faces regulatory scrutiny, including investigations into its crypto operations and past fines for securities law violations, which may impact its growth prospects [21][22][23].

Core Insights - Robinhood Markets, Inc. has launched U.S. stock and ETF tokens for EU investors, allowing them to access over 200 U.S. equities with zero commissions and 24/5 access [1][2][10] - The company is transitioning its European app from a crypto-only platform to a comprehensive investment app powered by crypto [2] - Robinhood's strategy includes expanding its cryptocurrency offerings and pursuing regulatory licenses in the EU to enhance its market presence [3][4] Group 1: Expansion and Offerings - European investors can now access more than 200 U.S. stocks and ETF tokens through Robinhood's platform [2] - The company has launched Crypto Staking for eligible U.S. investors, starting with Ethereum and Solana [2] - Robinhood is actively pursuing Markets in Crypto-Assets Regulation (MiCA) licenses to offer crypto services across the European Economic Area, covering 27 countries [4] Group 2: Financial Performance - In May 2025, Robinhood's crypto Daily Average Revenue Trades (DARTs) increased by 66.7% year-over-year to 0.5 million, indicating strong demand for crypto trading [8][10] - The stock price of Robinhood has surged by 151.3% this year, significantly outperforming the industry average of 16.4% [13] - The company currently has a trailing price-to-book (P/B) ratio of 10.42X, compared to the industry average of 2.19X, reflecting a premium valuation [17] Group 3: Earnings Estimates - The Zacks Consensus Estimate for Robinhood's earnings indicates year-over-year growth of 12.8% for 2025 and 21.3% for 2026 [18] - Recent earnings estimates for 2025 and 2026 have been revised slightly upward, indicating positive sentiment among analysts [18]

Core Viewpoint - The article discusses the significant impact of President Trump's new tariff policy on risk assets, particularly the cryptocurrency market, leading to a sharp decline in prices and a surge in gold prices as investors seek safe-haven assets [1][4][7]. Group 1: Cryptocurrency Market Reaction - On April 2, President Trump announced "reciprocal tariffs," exceeding market expectations, which led to a massive sell-off in risk assets, including cryptocurrencies [1][4]. - Bitcoin plummeted over $4,000, dropping from $86,900 to $82,100, while Ethereum fell from $1,950 to $1,790 [1][4]. - The total liquidation in the cryptocurrency market reached $500 million within 24 hours, affecting over 160,000 traders [1][5]. Group 2: Gold Market Surge - Concurrently, funds flowed into the gold market, with spot gold prices surpassing $3,160 per ounce, setting a new historical high [2][7]. - Analysts suggest that Trump's aggressive tariff policies may slow U.S. economic growth and increase inflation, driving investors towards gold as a hedge against instability [7][8]. Group 3: Economic Implications of Tariffs - Trump's tariffs, which include a 10% baseline tariff and higher rates for specific countries, are expected to raise consumer prices and potentially lead to a recession, with a 40% probability of economic downturn predicted by JPMorgan [4][8]. - The tariffs could increase U.S. personal consumption expenditure prices by 1.7% to 2.1%, depending on retaliatory measures from other countries, and could reduce actual GDP growth by 0.6% to 1% [8]. Group 4: Global Reactions to Tariffs - The European Union and various trade partners have expressed intentions to retaliate against the U.S. tariffs, indicating a potential escalation in trade tensions [9][10][11]. - Leaders from Australia, Japan, and South Korea have voiced concerns over the implications of the tariffs on their economies and are considering countermeasures [10][11].