Telegram-Backed TON Strategy Fund Gains $400M Support for Future Growth

I recently learned that the newly announced TON Strategy fund has received over 119,200,000 TON tokens from Telegram, valued at approximately $400 million, to its custody address. The fund was established based on the American company Verb Technology (VERB), which successfully completed a private share placement raising $558 million in partnership with Kingsway Capital. The company intends to rebrand itself as TON Strategy Co., while continuing to develop existing projects in social sales and video marketing. Additionally, they plan to innovate by creating new solutions for livestream platforms that incorporate artificial intelligence. This significant token transfer from Telegram to the TON Strategy fund highlights strong backing from a reputable community actor, signaling confidence in the project’s future. The involvement of Verb Technology, with its successful capital raising, adds credibility and suggests strategic growth plans, especially leveraging the AI-driven livestream and social sales markets. The planned rebranding to TON Strategy Co. and expansion into AI-powered livestream solutions points to a forward-looking approach, aiming to position the project prominently within the crypto and tech landscapes. Such developments could potentially attract more investors and partners, driving future growth. Overall, this signals a bullish outlook for TON and its ecosystem, especially considering the substantial token support and strategic financial backing from reputable entities. Monitoring how these projects develop and gain market traction will be crucial for assessing long-term value.