TON Strategy Completes Business Exit, Expected to Reduce Costs by $4 Million Annually
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TON Strategy Company (TONX) announced that it has essentially completed the exit of its traditional social e-commerce and software business inherited from Verb Technology, aiming to optimize its cost structure and focus on managing the reserves of the Gram token and supporting the development of the TON ecosystem. This exit primarily involves the residual agency business of MARKET.live and live shopping services, as well as the related business of LyveCom social e-commerce software. TON Strategy expects that this adjustment will reduce the company's annual cash operating expenses by approximately $4 million, with the financial impact expected to begin reflecting in the second quarter financial report of 2026 and fully manifest in subsequent quarters.
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