AlphaTON Capital Corp has announced a bold new plan to establish a Toncoin treasury worth $100 million. This move aims to enhance the capabilities of the Telegram platform and support apps based on TON.
A Big Shift for AlphaTON
From September 4, 2025, AlphaTON Capital's Nasdaq ticker will change to ATON. This represents a significant shift in the company's direction from biotech to blockchain and digital assets. To prepare for this shift, AlphaTON raised approximately $38.2 million through a private placement and secured a $35 million loan from BitGo Prime. The funds will be used to purchase Toncoin and establish the treasury.
Strategy and Objectives
AlphaTON's strategy includes three main goals: 1. Building the Toncoin Treasury by acquiring and collaborating with TON tokens. 2. Generating yield through staking and network validation to expand the treasury and enhance the security of the TON network. 3. Expanding the ecosystem by investing in Telegram mini-apps based on TON.
Leadership and Partnerships
New CEO Brittany Kaiser brings extensive expertise in data privacy and cryptocurrency innovation. AlphaTON has formed a team of high-profile advisors, including Anthony Scaramucci and Michael Terpin. The company is building strategic alliances with major firms such as BitGo, Animoca Brands, Kraken, and Crypto.com.
AlphaTON Capital aims to launch a Toncoin treasury to enhance the use of digital assets on Telegram and seeks to lead the next wave of decentralized innovation by merging blockchain with a billion-user base.
