Verb Technology to Release Chairman's Message Following Renaming to TON Strategy Company

Friday, Aug 29, 2025 9:07 pm ET1min read

Verb Technology is set to rebrand as TON Strategy Company and change its Nasdaq ticker from VERB to TONX. The company aims to become the first and largest publicly traded treasury reserve of Toncoin ($TON) and integrate within Telegram's platform. Executive Chairman Manuel Stotz will release the company's first "Chairman's Message" on September 5, detailing strategy and vision. With a successful private placement closing at $558 million and treasury assets totaling over $780 million, Verb Technology is positioned for significant growth in its TON-centric strategy.

Verb Technology Company, Inc. (Nasdaq: VERB), now known as TON Strategy Company, is set to undergo a significant rebranding and name change. The company will change its Nasdaq ticker from VERB to TONX and is expected to begin trading under the new symbol on September 2, 2025 [2].

The rebranding coincides with the company's strategic pivot towards becoming the first and largest publicly traded treasury reserve of Toncoin ($TON). TON Strategy Company aims to integrate within Telegram's platform, leveraging the social media giant's billion-user base to support the TON blockchain ecosystem.

Executive Chairman Manuel Stotz will release the company's first "Chairman's Message" on September 5, providing investors and the broader market with insights into the company's strategy, progress, and vision. The message will detail the company's mission to build a long-term treasury in $TON and its role in securing the TON blockchain through purchases, staking activities, and long-term commitments [2].

The company's treasury strategy is supported by a recent private placement worth $558 million, which significantly boosted its purchasing power. As of now, TON Strategy Company holds over $780 million in total assets, with $67 million in cash. The company aims to accumulate over 5% of TON’s circulating supply through strategic capital deployment and cash flow reinvestment [1].

The rebranding and strategic shift come amidst broader bearish market conditions, with Bitcoin dropping below $113,000 and altcoins like TON experiencing significant price drops. Despite these challenges, TON Strategy Company remains confident in its TON-centric strategy, which includes supporting the network through staking and protocol development.

The company's mission to build a long-term treasury in $TON positions it to play a vital role as an infrastructure provider, securing the network and supporting a tokenized economy within Telegram's platform. TON Strategy Company believes that its integration with Telegram's native distribution capabilities positions TON as one of the most compelling projects in crypto and social media.

References:
[1] https://cryptonewsland.com/toncoin-price-climbs-as-verb-technology-amasses/
[2] https://www.morningstar.com/news/business-wire/20250829677024/verb-technology-to-release-chairmans-message-september-5-following-renaming-to-ton-strategy-company

Verb Technology to Release Chairman's Message Following Renaming to TON Strategy Company

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