AlphaTON Adds $30M in Toncoin to Balance Sheet Amid Price Decline

AlphaTON Capital Makes $30M Investment in Toncoin Treasury

AlphaTON shifts from biotech to crypto with a bold $30 million investment in Toncoin. Backed by $71 million in funding, AlphaTON targets growth in staking and DeFi on TON. Collaborations with top crypto firms strengthen AlphaTON’s digital asset strategy. AlphaTON Capital, a Nasdaq-listed firm, formerly focused on biotech, has taken a new direction by reinventing itself as a digital asset treasury firm. On Thursday, the firm announced its $30 mil…

AlphaTON Launches TON Treasury With $30 Million Buy

AlphaTON Capital has closed $71 million in financing and completed its first $30 million TON token acquisition, positioning itself as a leading treasury company focused on the Telegram ecosystem. The firm plans to expand holdings to $100 million while funding staking operations and ecosystem development. AlphaTON Capital Secures $71 Million Financing, Acquires $30 Million in […]

Ex-Biotech Firm AlphaTON Acquires $30M in Toncoin for New Strategy

The post Ex-Biotech Firm AlphaTON Acquires $30M in Toncoin for New Strategy appeared on BitcoinEthereumNews.com. TLDR AlphaTON Capital has rebranded from a biotech company to a digital asset treasury. The company has completed a $30 million purchase of Toncoin, the native token of The Open Network. AlphaTON plans to grow its Toncoin holdings to $100 million by the end of 2025. The company secured $71 million in a recent financing round, which in…

Ex-Biotech Firm AlphaTON Acquires $30M in Toncoin for New Strategy - Blockonomi

TLDR AlphaTON Capital has rebranded from a biotech company to a digital asset treasury. The company has completed a $30 million purchase of Toncoin, the native token of The Open Network. AlphaTON plans to grow its Toncoin holdings to $100 million by the end of 2025. The company secured $71 million in a recent financing round, which included a private placement of $36.2 million. AlphaTON aims to generate yield revenue through blockchain validati…

Ex-biotech company pivots to crypto and buys $30M in Toncoin - Cryptopolitan

AlphaTON Capital, a former biotech company, has rebranded as a digital asset treasury (DAT). The company announced the completion of its first $30 million Toncoin purchase on Thursday. AlphaTON has become one of the largest holders of Toncoin (TON), the native token of The Open Network. The company said its goal is to grow its Toncoin treasury to $100 million by the end of 2025. AlphaTON wants to invest $100M in Toncoin The Nasdaq-listed company…

AlphaTON adds $30M in Toncoin to balance sheet amid price decline

AlphaTON Capital has acquired $30M in Toncoin, joining TON Strategy as the second Toncoin-focused DAT. Both firms face sliding stock and token prices.