With a oversbird private placement and backing from Crypto’s biggest players, the action is placing its bridge between institutional capital and the fast growing blockchain ecosistism of the opener.
Summary
- Verb Technology overbosts $ 558 million to manufacture the first publicly traded treasury focused on tonquine.
- Funding rounds led by Kingswe Capital and supported by Major Crypto investors, marking an important institutional endorset of tons and open network blockchain.
On August 8, Nasdaq-Listed Verb Technology Company Inc. Declared a successful closure of an deflation and oversbusted $ 558 million private placements, which marks a significant step in the company’s change for the publicly traded tanquins (tons) holders.
The deal anchored by Heavyweight, under the leadership of Kingswe Capital and by heavyweight like Blockchain.com, Pantera and Crackon, indicates a watershed men for the native tokens of the open network. The action plan plans to deploy most of the procedures in the tons, which prevents holdings to generate a long -lasting risk for property.
Why is the action putting half a billion bets on tonquine
The decision of action technology to channel $ 558 million to channel can be seen as a calculation bet on the message and convergence of blockchain economies. Unlike traditional corporate treasury, who keep bitcoins passively, the action strategy rests on two major benefits: direct contact for stating rewards and telegram’s ecosystem, which no longer spreads on bilon users.
“Telegram’s mini app as an exclusive blockchain infrastructure strengthens the ecosystem, we believe in the usefulness of adopting tanquins and potential girls,” said the executive executive president Manuel Stotz, the executive executive chairman working as the chairman of the Ton Foundation.
This statement underlines the thesis of the verb: it is not another altcoin ton, but is the native currency of a rapidly expanded digital economy. The recent integration of the telegram, including ADS, NFT settlements and tons-based payments for mini-app transactions, create an underlying demand loop for tokens.
Action to ton strategy cum.
To reflect its new direction, the company said that it would rebrand as ton strategy cum, indicating a change from its roots in social commerce.
The pivot comes with a complete executive reshuffle, which rejects a team with deep ties for both wall street and institutional crypto landscape. The founder of Kingswe Capital and the President of Ton Foundation will serve as manual stots executive chairman; Varonica Kapustina, former Senior Advisor to Ton Foundation with Investment Banking Experience, step as CEO; And Sarah Aksen, with her JP Morgan and Blockchain Development Background, consider the role of CFO.
This mixture has been added to the Blockchain.com CEO Peter Smith, who is included as a special advisor -the Furter Institute underlines the transformation of Dend Verb. V’s move can set an example for traditional markets, which interact with ecosystem-esophaged cryptocurrency. If successful, it can motivate other firms to look beyond bitcoin or atherium and what can be a corporate crypto strategy.
