The TON Foundation is levelling up—hard. They’re teaming up with Kingsway Capital Partners to create a public company that will hold Toncoin (TON) as its main asset, aiming to attract major institutional investors. 👀
🏦 Big Plans, Bigger Money
Launching a public Toncoin treasury company
Targeting a $400M PIPE raise (that’s Private Investment in Public Equity)
Could go the SPAC route to fast-track a public listing
Goal? Make TON ownership as legit and accessible as BTC or ETH for Wall Street whales 🐋
📈 Market Moves
TON price jumped ~2% to $3.16 after the news
Total market cap hit $7.7B+ 🚀
BUT… daily trading volume dropped around 18%, signaling some caution from traders
🔥 Why It Matters
This could put TON on the radar for hedge funds, family offices, and public companies
Adds serious credibility to Telegram’s on-chain future and the growing DeFi + messaging app fusion
🧠 TL;DR: TON isn’t just a token anymore—it’s positioning as a mainstream crypto treasury asset.
📢 DYOR. Not financial advice.
Stay sharp and stay informed
