AlphaTON Capital Anchors Crypto Treasury in Toncoin, Signaling Institutional Interest in Web3

AlphaTON Capital is making a bold move to reshape its investment strategy. The firm, formerly known as Portage Biotech Inc., has shifted its focus from biotechnology to the world of cryptocurrencies, aiming to create a $100 million Toncoin corporate treasury. This strategic decision aims to leverage institutional-grade practices while actively participating in the growth and expansion of the Telegram ecosystem, leveraging the TON blockchain’s connection to its billion-plus monthly user base for Web3 applications.