AlphaTON Capital has completed a $71 million funding round and made its first significant investment in Toncoin (TON), allocating $30 million to the cryptocurrency. This move lays the foundation for the company’s treasury reserve and supports the further development of the Telegram ecosystem.
The company conducted a private placement of approximately 6.32 million shares at $5.73 per share, raising $36.2 million, and also secured $35 million in credit financing from BitGo Prime. A portion of these funds was used to purchase Toncoin, making AlphaTON one of the largest global holders of TON tokens.
“We are not just building a treasury; we are investing in the infrastructure that will allow billions of users to truly control their digital lives,” said CEO Brittany Kaiser.
Chairman and CIO Enzo Villani added that AlphaTON aims to become a key player in the convergence of social media and blockchain technology, and the company’s strategy enables investors to participate in the growth of the TON ecosystem.
AlphaTON plans to increase its TON reserve to $100 million by the end of 2025, launch validator and staking operations to generate profits, and invest in applications and DeFi protocols within the TON ecosystem.
The company collaborates with leading industry players, including BitGo, Animoca Brands, Kraken, SkyBridge Capital, DWF Labs, Crypto.com, and Alpha Sigma Capital.
Earlier in August 2025, TON Strategy Company (formerly Verb Technology) announced the creation of the first public TON reserve of $558 million. After rebranding, its TON treasury assets exceeded $780 million, with $713 million invested directly in Toncoin, positioning the company as a major public treasury holder.
