TON Foundation and Kingsway Capital Launch Toncoin Treasury Initiative to Bolster TON as Institutional Reserve Asset

The TON Foundation has announced a strategic partnership with Kingsway Capital Partners to establish a dedicated treasury company that will hold Toncoin (TON) as its primary reserve asset. This institutional-grade treasury model mirrors approaches taken by leading Layer-1 blockchains, displacing traditional fiat and bond reserves with cryptocurrency holdings. The venture will be funded through a private investment in public equity (PIPE) round led by Kingsway Capital, with all treasury assets exclusively allocated to Toncoin purchases - a move designed to enhance long-term price stability and market liquidity.

This development follows Telegram's recent expansion of its native TON Wallet to 87 million US users, creating a unique synergy between institutional capital and retail adoption. The dual-pronged strategy positions Toncoin to simultaneously serve both corporate treasury needs and mainstream crypto users, reflecting the growing acceptance of digital assets as legitimate reserve instruments among institutional investors.