TON Strategy has completed the main phase of winding down the legacy business it inherited from Verb Technology, restructuring its operating model around managing its Gram treasury and participating in the TON ecosystem. According to the company, the restructuring aligns its cost structure with its new crypto treasury model.
As of the end of June, TON Strategy held approximately 230.5 million Gram on its balance sheet. In June, the asset generated an annualized staking yield of approximately 16%.
“We are steadily reducing the expenses associated with our legacy business operations. These changes simplify our operating model and allow us to focus entirely on the long-term opportunities around Gram and the TON ecosystem,” said CEO Kevin Wilson.
The company added that it will continue to disclose information about its Gram reserves and the financial impact of the restructuring as part of its regular financial reporting.
Context
As part of the restructuring, TON Strategy is winding down the MARKET.live services and the LyveCom software products inherited from Verb Technology. The process began in March 2026 with the termination of selected low-margin contracts, followed by ending relationships with several contractors and reducing personnel-related expenses.
According to TON Strategy, the restructuring is expected to reduce annual cash operating expenses by approximately $4 M. The company expects to see the first results reflected in its Q2 2026 financial report, with the full impact becoming visible in subsequent quarters.