AlphaTON Secures $420 Million for Expansion, Targeting TON AI Growth

AlphaTON, a company focused on building infrastructure within the Telegram and TON ecosystem, has secured a significant $420.69 million funding opportunity. This filing allows them to raise capital across various securities offerings based on market needs. The funds will be primarily used to support their ongoing expansion into AI infrastructure, specifically through GPU enhancements and acquisitions of companies within the Telegram ecosystem. This move positions AlphaTON for increased operations in Telegram’s AI network, Cocoon, as well as broader investments in the TON blockchain space.