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.