Verb, Ton Treasury Company, announces more than $ 780 million in assets

Verb Technology Company, a Toncoin Acquisition Company (Ton), said that it had accumulated about $ 713 million in tonnes and 67 million dollars in cash, totaling more than $ 780 million in assets.

The company completed a private internship of $ 558 million in August, soaring its increases by more than 200%. The majority of these funds were used to buy your, according to Thursday’s announcement.

Verb set an objective to capture 5% of the circulating offer of Altcoin, around 128 million tokens, by issuing debts and equity and actions to earn more awards.

The companies of the Treasury Altcoin continue to proliferate, giving an exposure to Wall Street to cryptocurrencies and leaving divided investors, some seeing an opportunity to beat the yields of the detention directly of the crypto and other investors warning of the bid.

High debt levels among companies holding a crypto could create a liquidation cascade in the event of a market slowdown which would have a negative impact on the prices of digital assets and actions, potentially leading to an extended cryptography bears market.

In relation: Sharplink shares fall by 12% on the loss of cryptographic deficiency of the quarter

Companies diversify in altcoins, with mixed effects

Several companies have announced ALTCOIN Treasury strategies or expanded their reservations in August, and investors had mixed reactions to the adoption of Altcoin Treasury policies.

Bit Mining, a Bitcoin mining company (BTC), announced its first Acquisition de Solana (ground) on August 5, alongside several other companies that increased their exposure to the ground.

Vivopower, an energy company listed on the stock market, widened its XRP treasure (XRP) in August, triggering a 32% increase in its action.