Forget Bitcoin, a company on the Nasdaq Stock Exchange chosen only Toncoin as the origin of the Treasury star-news.press/wp

Main meals

Toncoin just landed the first Wall Street agent. Verb worth $ 558 million in the increasing TONCOIN signals in the interest of institutions, but can the noise outperform the price?

Nasdaq: Verb has just pulled a large axis. It raised $ 558 million, making it the first public company to have been placed as Toncoin (TON). Think of Microstrategy, but to the ton.

It is a bold bet and high risk on Blockchain’s future in Telegram, and a sign that institutional funds have begun to pay attention. So, is this the moment when a ton of Wall Street is officially hit?

The first Tonokoin general bet

Before the brand renamed, Verb Technology was a company listed on the Nasdaq Stock Exchange focusing on video and sales tools. Now, the shift to Ton Strategy Co. A big change in the direction.

The company is heading towards Direct exposure to LincinThe original origin of the open network (ton). It is Blockchain supported by Telegram, which now includes more than a million active monthly users.

To make the switch, the company withdrew $ 558 million from more than 110 supporters of institutional institutions and encryption. The market did not sleep on it. Its shares erupted by 115 % on the news.

Source: TradingView (verb/USD)

Why is this a big deal? Unlike Tesla, for example, which added 11k btc to Cabinet Without changing his operating model, Verb fully turned his identity.

It is now Ton Strategy Co. Which makes the trendy bet of $ 558 million. At the current Toncoin price of $ 3.35, they can download about 166 million tons, making them one of the largest owners of the night.

Pipeline

It is worthy of how to fund this axis. Unlike Microstrategy (MSTR), which bent over the debt version of the Bitcoin stack (BTC), the verb went to the stock path.

It has been closed by $ 558 million through a accompanying tube, which led to an emptying of about 58.7 million shares, including some pre -financing orders, at $ 9.51 each, which matches the closing price on the first of August.

And ton? Despite the title, he could not turn the main resistance. The distinctive symbol of the week was opened with a red candle, and he strongly rejected the psychological level of $ 4 and showed a 5.79 % decrease after five green weeks, respectively.

Source: TradingView (TON/USDT)

According to Ampcrypto, it is an important momentum.

Currently, VERB is almost completely traded on the narration premium. The idea that it is the first general agent for exposure. This narration led 115 % in the share price.

But sooner or later, narrative trade fades and the market begins to practice mathematics. If not picked up Show soonThe Verb Mark’s Ton Markto Mark is not justified for a long time.