Toncoin’s institutional presence is set to grow after a Nasdaq-listed company announced plans to pivot entirely into a digital asset treasury (DAT) model centered on the Telegram-linked blockchain.
AlphaTON Capital Corp. revealed that it will build a strategic Toncoin reserve worth around $100 million while simultaneously funding application development within Telegram’s rapidly expanding mini-app ecosystem. The move adds further momentum to a recent wave of publicly traded “crypto treasuries” designed to accumulate specific tokens.
Scaramucci Backs the Toncoin Bet
SkyBridge Capital founder Anthony Scaramucci has signed on as a strategic advisor to AlphaTON, underscoring Wall Street’s growing interest in Toncoin as a blockchain ecosystem with real-world adoption. He joins a roster of advisors that also includes blockchain pioneer Michael Terpin and WallStreetBets creator Jaime Rogozinski.
Brittany Kaiser, best known for her work at Gryphon Digital Mining, will lead the company as CEO. In a statement, Kaiser emphasized that Telegram’s billion-plus monthly users give Toncoin a rare advantage in connecting blockchain infrastructure directly with consumer-facing applications.
Financing the Treasury
To fund its new direction, AlphaTON has secured $38.2 million through a private share placement and an additional $35 million credit facility from BitGo Prime. While this covers the majority of its planned $100 million Toncoin purchase, industry watchers suggest AlphaTON could be negotiating discounted bulk acquisitions via strategic partners such as Kraken, Animoca Brands, and BitGo.
This model mirrors Ton Strategy — another Toncoin-focused DAT that recently amassed more than $700 million in TON — reinforcing the trend of listed companies rebranding around crypto treasury strategies pioneered by the likes of Michael Saylor’s Bitcoin-focused Strategy.
Expanding the Telegram Ecosystem
Beyond simply stockpiling TON, AlphaTON aims to become a key player in expanding Telegram’s blockchain-driven mini-app marketplace. Planned investments will target DeFi platforms, gaming integrations, and digital business tools built directly into Telegram’s app layer.
“With Toncoin’s blockchain as the foundation and Telegram’s global audience as the gateway, we’re investing in an internet where users have full control over their data and assets,” Kaiser said.
The push highlights Toncoin’s growing appeal as one of the few blockchain ecosystems already tied to a billion-user distribution channel. If successful, AlphaTON could position itself at the center of TON’s long-term growth story while giving investors an indirect way to participate in Telegram’s expanding crypto economy.
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