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AlphaTON Capital Corp. ("AlphaTON Capital" or the "Company", formerly Portage Biotech Inc.) (NASDAQ:PRTG, ATON))), today announced a financing to acquire ~$100 million TON tokens and establish a specialized digital asset treasury company dedicated to building a strategic TON reserve and providing public markets access to Telegram's rapidly expanding ecosystem of more than a billion monthly active users.
AlphaTON Capital is executing a treasury strategy focused on acquiring TON, managing network infrastructure, and incubating leading applications within Telegram's ecosystem.
This strategic initiative represents the Company's commitment to supporting the growth of open-source, decentralized applications and infrastructure, while providing shareholders with exposure to one of the fastest-growing segments of the social media and digital asset markets.
Posted In: PRTG