AlphaTON Capital Files $420.69M Shelf Registration for AI and HPC Expansion
AlphaTON Capital Corp (NASDAQ: ATON) has filed a $420.69 million shelf registration with the SEC, echoing FTX’s meme-round strategy. The funds will accelerate development of AI and high-performance computing infrastructure, particularly for Telegram’s Cocoon AI network, while facilitating ecosystem acquisitions.
The filing marks a regulatory milestone after overcoming SEC ‘baby-shelf’ limitations that typically constrain smaller public companies. CEO Brittany Kaiser emphasized the achievement as pivotal for digital asset treasuries seeking flexible capital raises.