AlphaTON Capital Corp recently announced that it raised $71 million through a mix of equity and loan financing, alongside the purchase of an initial $30 million tranche of Toncoin.
This milestone is part of its long-term goal of growing its treasury to $100 million by the end of 2025.
The financing included a private placement of 6.32 million ordinary shares at $5.73 per share, which generated $36.2 million. Alongside this, AlphaTON secured a $35 million loan facility from BitGo Prime.
Together, these funds supported the acquisition of TON, giving the company a strong start in establishing its treasury strategy.
AlphaTON builds treasury through Toncoin staking
AlphaTON Capital’s roadmap extends beyond building a digital treasury. By holding significant Toncoin reserves, the company plans to participate in validation and staking operations, generating a predictable yield.
The firm has also set its sights on investing in Telegram’s rapidly expanding mini app ecosystem, which is drawing interest from both traditional finance and crypto leaders.
Partnerships already include names such as Animoca Brands, Kraken, SkyBridge Capital, and Crypto.com.
Advisors like Anthony Scaramucci of SkyBridge Capital and Michael Terpin, author of “The Bitcoin Supercycle,” add weight to its ambitions.
CEO Brittany Kaiser and Executive Chairman Enzo Villani lead the company’s effort to connect Toncoin with Telegram’s billion-user base, aiming to bridge blockchain adoption with real-world applications.
By this, AlphaTON is positioned to benefit from Telegram’s plan to integrate finance, gaming, and productivity into its platform.
Toncoin price drops despite announcement
Despite the announcement, Toncoin’s price has not responded positively. The token trades at $2.68, down 2% in the last 24 hours and more than 14% over the past week.
Market watchers note that the coin is consolidating within a symmetrical triangle, a pattern that could signal strong volatility ahead.
Rose Premium Signals suggested that Toncoin may soon break out of this consolidation phase, with potential targets at $4.28 and $5.13.
This indicates that while near-term weakness remains, the long-term outlook is tied to Telegram’s growing blockchain integration and AlphaTON’s treasury expansion.