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Toncoin Gains Institutional Attention, Listed on Robinhood Amid Record $713M Investment by Verb Technology
ByAinvest
Friday, Aug 29, 2025 5:40 am ET1min read
Verb Technology has acquired $713 million in Toncoin, pushing the token into the spotlight. The investment has contributed to Toncoin's listing on Robinhood, alongside other cryptocurrencies. Despite market fluctuations, Toncoin's price has steadied near $3.17, with trading activity surging nearly 60%. The acquisition has underscored the token's potential as an institutional darling and one of the most closely watched digital assets of 2025.
Verb Technology's recent acquisition of $713 million in Toncoin has brought significant attention to the digital asset, pushing it into the spotlight. The investment has contributed to Toncoin's listing on Robinhood, alongside other cryptocurrencies. Despite market fluctuations, Toncoin's price has steadied near $3.17, with trading activity surging nearly 60% [2].The acquisition has underscored Toncoin's potential as an institutional darling and one of the most closely watched digital assets of 2025. The investment by Verb Technology, a Nasdaq-listed firm, has encouraged similar treasury strategies, increasing market demand and potentially affecting supply dynamics.
Toncoin, the native token of The Open Network (TON), has seen considerable growth this year. Telegram designated TON as its exclusive blockchain for powering its Mini Apps ecosystem, a move that has solidified the token's utility within its infrastructure. The addition of Toncoin to Robinhood's trading platform has further boosted its exposure, attracting new retail interest and contributing to its price surge [2].
Telegram's Mini Apps and strategic Tether partnership continue to strengthen the TON ecosystem's utility and market presence. The stablecoin market cap on TON has reached around $708 million, despite a decline in total value locked (TVL) from $751 million in July to $145 million currently. The network continues to attract institutional interest, with staking provider Chorus One's TON Pool reaching 10.4 million TON, valued at around $33 million [2].
The acquisition by Verb Technology may encourage similar treasury strategies, increasing market demand and potentially affecting supply dynamics. As Toncoin continues to gain traction, it remains an asset to watch in the cryptocurrency market.
References:
[1] https://www.stocktitan.net/news/ALCYU/
[2] https://cryptofrontnews.com/robinhood-adds-toncoin-to-u-s-listings-as-trading-volume-rises/
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