Verb Technology stock backs TON upgrades for Gram Wallet
Published on 10/01/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Verb Technology stock was tied to two TON network upgrades on September 1, 2026, as the company now known as TON Strategy supported Config -123 and Config 30. The update gives the former Verb business a sharper digital-asset and blockchain angle, while the latest quarterly figures show how quickly the financial profile has changed.
TON upgrades target wider use
According to StockTitan, Config -123 creates a validator-governed smart-contract architecture for Telegram's Gram Wallet. The design supports signature verification, transaction execution, replay protection and key rotation without requiring users to migrate their wallet contracts.
The same September 1, 2026 company release said Config 30 extends validator leader windows and is expected to increase TON network throughput by up to 30 percent. That figure is the clearest operating measure in the update, because it links the infrastructure decision to transaction capacity rather than only to token holdings.
Quarterly figures changed sharply
StockTitan reported on August 11, 2026 that total revenue reached USD 15.02 million in the second quarter of 2026, compared with USD 5.25 million in the first quarter. Gross profit was USD 14.30 million, equal to a 95.00 percent margin.
Net income attributable to common shareholders was USD 76.80 million, or USD 1.31 adjusted? per diluted share, compared with a USD 2.50 million net loss in the second quarter of 2025. The result included an USD 82.80 million gain from changes in the fair value of Gram holdings, so the profit figure reflects both operating activity and digital-asset valuation.
Asset exposure remains central
At June 30, 2026, the company reported digital assets with a fair value of USD 369.50 million and about 230.50 million Gram units. Cash and restricted cash totaled USD 29.00 million, while the company reported no debt, according to the same quarterly filing.
Seeking Alpha identifies the issuer as TON Strategy Company, formerly Verb Technology Company, and lists TONX on Nasdaq. The company reported a market capitalization of USD 217.50 million on September 30, 2026. The contrast between that market value and the USD 369.50 million digital-asset balance makes Gram prices, staking results and treasury governance central variables for the stock.
Market value and company identity
Market capitalization stood at USD 217.50 million on September 30, 2026. The company operates in application software and digital-asset treasury activities, with the September 1 upgrade showing that network development now sits alongside the legacy Verb operations in the investment story.
Verb Technology company facts
- Company: Verb Technology Company, Inc.
- Ticker: TONX
- Primary exchange: Nasdaq
- Market capitalization: USD 217.50 million (as of September 30, 2026)
- Sector / Industry: Technology / Application Software
