Nasdaq-Listed AlphaTON Kicks Off Treasury Strategy, Buys $30M in Toncoin After $71M Raise

AlphaTON has made its first buy of $30 million of Toncoin for its new treasury strategy. It comes shortly after the company closed a strong $71 million funding round for future TON purchases. In a recent press release, AlphaTON, a Nasdaq-listed firm dedicated to the Telegram ecosystem, confirmed that it has acquired approximately $30 million worth of TON following the close of $71 million in combined financing. The package included a $36.2 million private placement and a $35 million loan facility secured through BitGo Prime.