$780 Million Treasury Boost Positions TON for Potential Bull Market

The Open Network (TON) landed a significant investment, suggesting growing institutional conviction in its long-term trajectory.

With a $780 million treasury announcement, staking integration into Ledger Live, and strengthening on-chain metrics, analysts are beginning to ask whether TON is positioning itself for the next major crypto rally.

Verb Technology Bets Big on TON As Staking Expands to Millions via Ledger

Verb Technology Company revealed treasury assets exceeding $780 million, cementing its strategic pivot toward TON. The company, soon to be renamed Ton Strategy Company, holds $713 million in Toncoin alongside $67 million in cash reserves.

The announcement follows a $558 million private placement earlier this month, backed by over 110 institutional and crypto-native investors.

Most of the proceeds were used to acquire Toncoin, making VERB the first publicly traded entity to establish TON as its primary treasury reserve asset.

“Crossing $780 million in assets just days after our private placement reflects the conviction behind TON…This is more than building a balance sheet; it’s about contributing to the security of the TON blockchain,” read an excerpt in the announcement, citing Manuel Stotz, Executive Chairman of the Company.

Stotz noted that the firm aims to accumulate over 5% of TON’s circulating supply, reinforcing the network’s infrastructure.

This is while steadily growing Toncoin per share through reinvested cash flows, staking rewards, and disciplined treasury management.

Adding to bullish momentum, P2P.org announced that it successfully integrated native TON staking into Ledger Live. The move gives millions of Ledger hardware wallet users secure, non-custodial staking access.

This marks the first validator-led staking solution inside Ledger Live, lowering the entry barrier to just 10 TON. Notably, this is far below the native requirement of 300,000.

Backed by Quantstamp and Trail of Bits dual audits, the integration ensures institutional-grade security while preserving full user control.

“TON staking is no longer just for insiders; it’s now accessible to anyone with a Ledger device,” said Artemiy Parshakov, VP of Institutions at P2P.org.

Users can now stake or unstake with activation and withdrawal periods as short as 36 hours. Meanwhile, they are tracking compounded rewards of around 4.7% annually.

On-Chain Metrics Point to Momentum

TON’s on-chain performance shows signs of strength beyond institutional and retail adoption. According to data on CryptoQuant, its Sharpe ratio, a risk-adjusted return measure, flipped from negative to positive in August. This historical indicator suggests sustained upward momentum.

Ton’s Sharpe Ratio
Ton’s Sharpe Ratio. Source: CryptoQuant

Crypto influencer Crash suggests that TON is on the cusp of creating outsized wealth.

“The next fresh class of crypto millionaires will be made on TON. Not Solana or Ethereum,” he wrote.

With Telegram integrating TON as its exclusive blockchain for Mini Apps, wallets, and payments across its billion-plus user base, TON is already enjoying mainstream exposure unmatched by many layer-1 rivals.

Amid institutional backing, retail-friendly staking access, and improving technical indicators, TON may be poised for growth.

Other fundamentals draw from new demand and increased daily active addresses, signaling growing interest.

The post $780 Million Treasury Boost Positions TON for Potential Bull Market appeared first on BeInCrypto.

Source: https://beincrypto.com/780-million-treasury-ton-potential-bull-market/