TON Strategy pledged approximately $5.6 million in May earnings

According to The Block, TON Strategy, a Nasdaq listed company, disclosed that it received approximately 3.3 million TON rewards in May by pledging about 227 million Toncoins, at a market price of approximately $5.6 million, with an annualized yield of approximately 1.48%. The company will almost pledge all of its TON holdings and support network upgrade proposals such as improving the efficiency of smart contract execution.