TON Strategy Company, newly listed as TONX, discussed its Toncoin treasury strategy on CNBC's Squawk Box Asia.
Quiver AI Summary
TON Strategy Company (formerly Verb Technology Company Inc.) recently announced that its Executive Chairman, Manuel Stotz, was featured in an interview on CNBC’s Squawk Box Asia, discussing the company's unique digital asset treasury strategy focused on accumulating Toncoin ($TON). The company officially began trading as TONX on the Nasdaq on September 2, 2025. TONX aims to invest in $TON to provide equity investors access to this distinctive asset class, leveraging its integration within Telegram, which supports a wide range of applications and digital wallets. The company is committed to enhancing its Toncoin treasury while also maintaining its existing business operations, including livestream shopping platforms. The press release notes that forward-looking statements about the company's strategies may be subject to various risks, which could impact future performance.
Potential Positives
- TONX, formerly Verb Technology Company, successfully completed its rebranding and began trading on the Nasdaq Capital Market, reflecting a strategic shift towards a digital asset treasury business.
- The company received significant media exposure through an interview with Executive Chairman Manuel Stotz on CNBC’s Squawk Box Asia, enhancing its visibility in the digital asset space.
- TONX's strategy to accumulate Toncoin ($TON) positions it as a significant player within the TON blockchain ecosystem, given the unique integration of Toncoin with Telegram's large user base.
Potential Negatives
- The company has recently undergone a rebranding and name change, which might indicate challenges or shifts in its previous business model.
- The reliance on the volatile digital asset, Toncoin ($TON), may expose the company to significant financial risks associated with cryptocurrency market fluctuations.
- The press release includes a caution regarding forward-looking statements, highlighting potential uncertainties and risks that could hinder the achievement of their business objectives.
FAQ
What is TON Strategy Company known for?
TON Strategy Company, formerly Verb Technology Company, focuses on accumulating Toncoin ($TON) as a digital asset treasury strategy.
When did TONX begin trading on Nasdaq?
TONX began trading on the Nasdaq Capital Market on September 2, 2025, after its name change from Verb Technology Company.
Who was interviewed about TONX's strategy?
Executive Chairman Manuel Stotz discussed TONX's digital asset treasury strategy on CNBC’s Squawk Box Asia on September 3, 2025.
How does TONX view its role in the TON blockchain ecosystem?
TONX sees itself as a significant infrastructure provider within the TON blockchain ecosystem, leveraging Telegram's user base.
What are TONX's legacy business units?
TONX continues to operate MARKET.live, a livestream shopping platform, and LyveCom, which enhances social commerce with AI.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VERB Hedge Fund Activity
We have seen 0 institutional investors add shares of $VERB stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CORSAIR CAPITAL MANAGEMENT, L.P. removed 10,900 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $50,903
- OSAIC HOLDINGS, INC. removed 77 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $359
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VERB Analyst Ratings
Wall Street analysts have issued reports on $VERB in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Ascendiant Capital issued a "Buy" rating on 05/30/2025
To track analyst ratings and price targets for $VERB, check out Quiver Quantitative's $VERB forecast page.
Full Release
LAS VEGAS, Sept. 04, 2025 (GLOBE NEWSWIRE) -- TON Strategy Company (formerly Verb Technology Company Inc. VERB) (Nasdaq: TONX) (“TONX” or the “Company”), a digital asset treasury company committed to holding Toncoin ($TON), today announced that its Executive Chairman Manuel Stotz was interviewed on CNBC’s Squawk Box Asia. The interview, aired live throughout Asia on Wednesday September 3, 2025, highlighted TONX’s highly differentiated digital asset treasury growth strategy. A link to the CNBC interview can be found here.
Formerly Verb Technology Company (VERB), the Company began trading as TONX on the Nasdaq Capital Market on September 2, 2025, following its renaming.
TONX’s approach is to steadily accumulate $TON and provide public market equity investors with access to this unique asset class. TON is the only blockchain natively integrated at scale inside Telegram, the one billion-user, global messaging social media platform, powering digital wallets, payments, and applications across Telegram. The Company believes that this unique integration positions TONX as a significant infrastructure provider within the TON blockchain ecosystem, and as such, one of the most compelling digital asset treasury opportunities.
About TON Strategy Company
TON Strategy Company (Nasdaq: TONX) is focused on the accumulation of Toncoin ($TON) for long-term investment, whether acquired through deployment of proceeds from capital raising transactions, staking rewards or via open market purchases. The Company aims to steadily expand its $TON treasury, stake $TON and to support the development of a tokenized economy inside Telegram’s billion-user platform.
In addition, the Company continues to operate legacy business units, including MARKET.live, a multi-vendor livestream shopping platform, and LyveCom, an AI-powered social commerce innovator that enables brands and merchants to deliver omnichannel livestream shopping experiences across websites, apps, and social platforms.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the Company’s stock repurchase program, its TON treasury strategy, and its long-term business plans. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, and reported results should not be considered as an indication of future performance. Important factors that may affect actual results or outcomes include, but are not limited to: risks related to Toncoin and the digital asset industry; the ability of the Company to successfully execute its share repurchase program and other business initiatives; and other risks and uncertainties set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, and in the Company’s subsequent filings with the SEC. These forward-looking statements speak only as of the date hereof, and the Company disclaims any obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Contacts
Media Contact:
[email protected]