AlphaTON Capital Corp is launching a TON Digital Asset Treasury Strategy to access the Telegram ecosystem, focused on acquiring $100 million in Toncoin to enhance decentralized application development.

Information on the Target

AlphaTON Capital Corp, formerly known as Portage Biotech Inc., is embarking on an innovative journey within the digital asset sector focused on establishing a TON Digital Asset Treasury Strategy tailored for the Telegram ecosystem. The company intends to acquire approximately $100 million worth of Toncoin (TON) to create a strategic reserve aimed at providing public market access to Telegram’s expansive user base of over a billion monthly active users. This initiative underscores a profound commitment to supporting the development of decentralized applications and infrastructure, thus creating significant shareholder value.

With her extensive background in digital assets and data protection, Brittany Kaiser, a noted figure in the blockchain community, has been appointed as the Chief Executive Officer and Board Member. Kaiser, known for advising various governments and organizations on responsible digital innovation and advocacy for ethical technology, aims to leverage her expertise to position AlphaTON Capital as a leading digital asset treasury company.

Industry Overview in the Target’s Specific Country

The digital asset landscape continues to evolve rapidly, particularly in the United States, where regulatory frameworks are becoming increasingly supportive of cryptocurrency and blockchain technologies. Financial institutions are increasingly investing