AlphaTON Capital, formerly known as Portage Biotech, has officially announced a $100 million investment strategy into Toncoin (TON). This plan includes building a dedicated digital treasury for the TON ecosystem and developing decentralized applications on the Telegram platform.
AlphaTON Capital plans to spend approximately $100 million to purchase Toncoin (TON). This investment will be funded through a private placement, raising $38.2 million, and a $35 million loan from BitGo Prime. The company will establish a corporate treasury to hold TON assets, focusing on Token reserves, network validation, and incubating projects within the Telegram ecosystem.
As of September 4, 2025, AlphaTON Capital will officially change its stock code to ATON on the Nasdaq exchange. This event marks an important milestone, bringing Toncoin (TON) closer to the traditional stock market through a corporate treasury model.
Brittany Kaiser, CEO of AlphaTON, emphasizes that the combination of Telegram and blockchain is one of the greatest opportunities. AlphaTON aims to empower global users with ownership of data and digital assets through the TON and Telegram ecosystem, a messaging platform with over 1 billion active users monthly.
AlphaTON Capital is joining the wave of investments in cryptocurrency treasury of listed companies. Previously, Verb Technology spent $713 million to purchase TON, and Coinbase Ventures also carried out direct transactions with TON Foundation. Despite fluctuations in the cryptocurrency market, experts believe that the combination of Telegram and blockchain opens up significant growth potential.
The listing on Nasdaq and AlphaTON Capital's investment plans are expected to enhance the legitimacy and liquidity for Toncoin. The deep integration with Telegram, a platform with over 1 billion users, could open up a wave of large-scale decentralized applications.
The value of AlphaTON (PRTG) shares increased by about 15% immediately after this news, while the price of TON tokens has not seen significant fluctuations.
The value of AlphaTON (PRTG) shares increased by about 15% immediately after this news, while the price of TON tokens has not seen significant fluctuations.
