AlphaTON submits $420.69 million financing plan to SEC, increases investment in TON and Cocoon AI

2025-12-05 00:20:25

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According to TechFlow, on December 5, The Block reported that AlphaTON Capital Corp (stock code ATON) announced on Thursday that it had filed a $420.69 million shelf registration with the U.S. Securities and Exchange Commission (SEC). This internet-culture-inspired fundraising amount will be used to expand its investments in TON tokens, the Telegram mini-app ecosystem, and the newly launched Cocoon AI network.

AlphaTON plans to deploy Nvidia B200 GPUs to support Telegram’s Cocoon decentralized AI computing platform, which allows users to earn Toncoin token rewards by renting out GPU processing power. The company has also identified multiple high-potential acquisition targets, including startups focused on payments, content distribution, and blockchain services.

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