AlphaTON Capital, now rebranded as ATON and listed on Nasdaq, has launched a comprehensive $100 million Toncoin (TON) treasury strategy. The initiative is spearheaded by newly appointed CEO Brittany Kaiser, a recognized blockchain expert. The strategy is financially backed by $38.2 million in private placements and a $35 million loan from BitGo Prime.
The company's pivot aims to significantly strengthen the TON blockchain ecosystem through substantial market activities, including TON token reserves, network verification, and incubation of ecosystem projects. This move is specifically designed to encourage the development of applications within the Telegram ecosystem.
As stated by CEO Brittany Kaiser, "Our strategic pivot to ATON and the launch of this $100M treasury strategy will position us at the forefront of the TON ecosystem and the future of digital assets." The purchases are planned to be executed gradually throughout 2025, marking a notable alignment of a publicly listed company with a specific blockchain ecosystem.