AlphaTON Capital Files $420M SEC Shelf to Expand Toncoin TON & Cocoon AI
AlphaTON Capital, a Nasdaq-listed firm, has filed a $420.69 million shelf registration with the U.S. SEC to bolster its investments in Toncoin TON tokens and the Telegram mini-app ecosystem, alongside the newly launched Cocoon AI network. This move signals aggressive expansion into high-growth digital asset and AI infrastructure sectors.
The company's exit from SEC 'baby-shelf rules' grants enhanced capital-raising flexibility. Market confidence surged immediately, with ATON stock climbing 7.5% post-announcement.
AlphaTON's dual strategy focuses on building decentralized AI infrastructure through partnerships with CUDO Compute and AtNorth data centers, while simultaneously acquiring revenue-generating mini-apps across Telegram's billion-user ecosystem. The investments target immediate cash FLOW generation in fintech, gaming, and blockchain services.