Institutional Buying (Verb $558M & Coinbase Ventures) Points to Toncoin Upside
It’s been a strong week for Toncoin. I’m noting that Verb, a NASDAQ-listed company that has designated TON as its primary asset, successfully raised $558 million and intends to begin buying and stockpiling TON immediately.
At the same time, Coinbase Ventures has started accumulating TON, which adds another institutional layer of interest in the token. I’m bullish on the developing narrative for TON given these institutional inflows.
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