Verb Technology Company (Nasdaq: VERB) Successfully Closes $558 Million Private Placement to Launch First Publicly Listed TON Treasury Strategy Company, in Partnership with Kingsway Capital

Majority of net proceeds from offering will support purchases of Toncoin, the native cryptocurrency of The Open Network (“TON”) blockchain

Majority of net proceeds from offering will support purchases of Toncoin, the native cryptocurrency of The Open Network (“TON”) blockchain

Source: https://www.globenewswire.com/news-release/2025/08/08/3130137/0/en/Verb-Technology-Company-Nasdaq-VERB-Successfully-Closes-558-Million-Private-Placement-to-Launch-First-Publicly-Listed-TON-Treasury-Strategy-Company-in-Partnership-with-Kingsway-Cap.html