On Friday, the Telegram ecosystem, through AlphaTON Capital, completed a $71 million financing round and allocated an initial $30 million to purchase a tranche of TON tokens. AlphaTON plans to expand its TON treasury to $100 million by Q4 2025. AlphaTON Capital closed its financing round of approximately 6.32 million ordinary shares at $5.73 per share, raising its gross proceeds by $36.2 million. It also closed a $35 million loan facility with BitGo Prime.