Rather like finding Jeeves moonlighting as a kazoo player, Verb Technology-renamed, rebranded, and twitching with crypto fervor-steps out as TON Strategy Co. (TSC), primed to park all its spare change in Toncoin instead of actual coins. đ€čââïž
I say, the chaps at NASDAQ:VERB-nay, TSC-have pulled off the sort of manoeuvre that would make the Empress of Blandings look positively conventional. One moment theyâre droning along as a perfectly respectable purveyor of digital widgets, and the next theyâre stuffing the corporate mattress with 558 million smackeroosâ worth of $TON, thanks to an insistent jab in the ribs from Kingsway Capital and a colorful cavalry of 110 institutions who, frankly, all looked like theyâd been schooled by Houdini. đž
When the Wallet Is Pink on the Outside and Blockchained on the Inside
In neat little figures that look tailor-made for a limerick, TSC is flogging 58.7 million freshly minted shares (plus pre-funded warrants) at the utterly specific price of $9.51-the August 1st going rate, which, as any seasoned raconteur will tell you, could have danced away by tea time. If all goes according to the ancient rites of PIPE deals (those strange ceremonies where Wall Street wizards stand about muttering âcustomary conditionsâ), the loot will have changed hands before August 7. After that, itâs straight off to the flea-market to scoop up acres of shiny $TON like a miser at a button sale. đâïž
Result: the company vault ends up looking suspiciously like Scrooge McDuckâs swimming pool, only with more staking yields and fewer ducks. The stout fellows hope these staking rewards will start oozing positive cash flow faster than Anatoleâs soufflĂ© deflates, thereby keeping the new strategy self-funding and the old coffee-and-click business humming along like a bee after a stiff cocktail. đŻđ
Meanwhile, Telegram, that club of chats and emojis, has planted TON right at the heart of its empire. Imagine the cat with the golden coin-yes, that one-inches from your thumb, complete with mini apps, ads, and NFTs you can trade while still wearing pyjamas. If that doesnât make you feel like a latter-day Rockefeller in bedroom slippers, what will?
Ton Wallet Drapes Itself across 87 Million Americans
Fresh as hot buttered toast, the TON Wallet has alighted upon 87 million U.S. Telegramers, giving even Aunt Dahliaâs choirboys a new excuse to fiddle with their phones instead of hymns. Globally, the blue-ticked horde now surpasses a billion souls-up faster than Bingo Littleâs overdraft at the Drones. đđ„
Even so, Manuel Stotz, the incoming Executive Chairman (a fellow whose handshake feels suspiciously like blockchain itself-firm, immutable, and only mildly bewildering), declared, âTelegram is the planetâs crypto boudoir, and $TON is the snuggest dressing gown weâve got.â Or words to that effect; I was distracted by a passing scone at the time. He contends that gobbling up $TON now, while staking flecks off the ends, is the sort of foresight even Jeeves might salute. đ§
Not to be outdone, Peter Smith, boss of Blockchain.com and newly minted âSpecial Advisorâ (a title roughly equivalent to âChap who stands about offering sage nodsâ), proclaimed this a âmilestone.â One pictures him standing on a milestone wearing a party hat, proclaiming the end of fiat as we know it and advising the board on the exact angle at which to tilt their sunglasses. đđ
Finally, Rory J. Cutaia, chief bottle-washer of the former Verb and the man now watching his acronym vanish like soup at a Drones Club lunch, practically pirouetted. âLads,â he chirped, âthis deal will bake perpetual value like a soufflĂ© that never droops,â leaving shareholders to wonder whether the soufflĂ© in question is made of coins, code, or possibly sheer wishful thinking. Bon appĂ©tit! đłđ€
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2025-08-05 02:31