AlphaTON Capital Corp. (Nasdaq: ATON) and the Midnight Foundation today announced the unveiling of Vera, the world’s first anonymous reporting platform built on privacy-preserving blockchain technology and confidential computing. Confidential calculation means that the submitted data is technically impossible to access without the permission of the person who provided it.
AlphaTON Capital is the world’s first public technology company developing the super app Telegram, with an addressable market of 1 billion monthly active users.
The Midnight Foundation is an organization dedicated to the development, adoption and real-world impact of the Midnight Network, a privacy-enhancing blockchain founded by Charles Hoskinson, founder and CEO of Input Output, the engineering company behind Cardano.
Where do taxpayers’ money go?
A report was commissioned by the Global Blockchain Association (GBA) amid unprecedented political momentum for government accountability, including the creation of the Department of Government Effectiveness (DOGE) and global public debt reaching 95% of GDP. It identifies the scale of the crisis:
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Estimated annual losses due to federal fraud in the United States: $750 billion to $1 trillion (CBS 60 Minutes investigation)
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Global public debt: $100 trillion
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DOJ False Claims Act recoveries in fiscal year 2025: $6.8 billion, highest year in history, including $5.3 billion from cases initiated by whistleblowers (U.S. Department of Justice, January 2026)
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43% of all fraud is detected through information provided by whistleblowers, more than internal audit (14%) and management review (13%) combined (ACFE Report to the Nations, 2024).
A 20% reduction in fraud could generate $100 billion in annual savings in the United States alone. Yet 31% of employees fear retaliation if they report wrongdoing (GBA/UN IGF Report, March 2026, United Nations Development Program 2025).
Vera is designed to eliminate this risk.
Blockchain as an immutable archivist
The GBA report concludes that cultural resistance, not technology, is the main barrier to government adoption of blockchain. Several blockchain pilots, including Treasury Grants Management and HHS Accelerate, were deliberately killed from within because transparency threatened entrenched interests.
The technology works. Institutions resist it. Vera is designed exactly for this environment.
Privacy and confidentiality
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Vera does not collect any identity data. There is nothing to violate, nothing to subpoena and nothing to disclose.
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AlphaTON Capital does not sell or collect user data.
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No app download or account creation required.
What is Vera
Vera is a Telegram app that allows anyone, anywhere to anonymously report fraud, corruption, abuse, or criminal activity without risking their identity or safety, while ensuring that submissions are credible, verified, and tamper-proof.
Technical characteristics
Vera combines AlphaTON’s confidential computing infrastructure with Midnight’s zero-knowledge proof technology to provide a vertically integrated privacy stack:
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No-Knowledge Proofs: Proves that a claimant is real without proving who they are. Powered by the Midnight Network.
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Confidential computing (secure enclaves): no one, not even the infrastructure operator, can see raw evidence. Data is processed in secure, hardware-enforced execution environments.
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Blockchain verification: Each report is anchored in an immutable, time-stamped ledger, creating what the GBA report calls an “indisputable source of truth.” Once saved, it cannot be modified or deleted.
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Decentralized Storage (IPFS): No single point of failure. No servers to attack. No central database to enter.
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Automatic metadata deletion: GPS coordinates, device information, and identifying data are deleted on the device before submission. A caller’s phone cannot give away their location.
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AI Credibility Assessment: Filters credible reports before they reach case managers, solving the signal-to-noise problem that plagues traditional government tip lines.
Brittany Kaiser, CEO of AlphaTON Capital, commented that: “Vera is the missing piece in the blockchain ecosystem for government: offering easy-to-use, privacy-focused tools for those who want to hold power accountable. It’s personal to me. I know what it means to submit to the whistleblowing process without hiding my identity and paying the price. Vera ensures that doing the right thing no longer requires risking your security.”
“Too many reporting systems that promise anonymity still collect personal information at some point in the process, creating the risk of identity exposure. This risk alone can deter people from coming forward with evidence of fraud, waste and abuse. Midnight was founded on the belief that privacy is a right, not a privilege. We believe Vera is a powerful example of how privacy-enhancing technology can help strengthen public reporting and strengthen institutional accountability,” said Fahmi Syed, president of the Midnight Foundation.
About AlphaTON Capital Corp. (Nasdaq: ATON)
AlphaTON Capital Corp (NASDAQ: ATON) is the world’s first public technology company developing the super app Telegram, with an addressable market of 1 billion monthly active users. The company offers a comprehensive hyperscaler strategy across the Telegram ecosystem through a combination of software products, data middleware and AI training assets, as well as AI infrastructure hardware clusters deploying confidential AI for the Telegram ecosystem.
Through its operations, AlphaTON Capital provides public market investors with institutional-grade exposure to the Telegram ecosystem and its billion-user platform while maintaining the governance standards and reporting transparency of a Nasdaq-listed company. The Company’s activities cover AI Confidential Compute, network validation and staking operations, Telegram-based application development, including strategic investments and acquisitions of decentralized financial platforms, gaming and marketplaces, as well as commercial applications.
AlphaTON Capital Corp is incorporated in the British Virgin Islands and is listed on Nasdaq under the symbol “ATON”. AlphaTON Capital, through its legacy businesses, is also advancing first-in-class therapies targeting known checkpoint resistance pathways to achieve durable therapeutic responses and improve patient quality of life. AlphaTON Capital actively engages in the drug development process and provides strategic advice to guide the development of new immunotherapy assets and combinations of assets.
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Forward-looking statements
All statements contained in this press release, other than statements of historical fact, including, without limitation, statements regarding the Company’s business strategy, management’s plans and objectives for future operations and statements preceded, followed by or otherwise including the words “believe”, “expects”, “anticipates”, “intends”, “estimates”, “will”, “may”, “plans”, “potential”, “continue”, or similar expressions or variations of these expressions are forward-looking statements. Forward-looking statements include statements regarding, among other things, the Company’s projections regarding the deployment of its AI infrastructure expansion; the Company’s expectations that its partnerships will create additional revenue streams and vertically integrate into the Company’s Confidential Compute AI infrastructure; the Company’s belief that the assets it constructs will generate significant value over the long term; and other statements that are not historical facts. Accordingly, forward-looking statements are subject to certain risks and uncertainties, including, but not limited to: the timing, progress and results of the Company’s strategic initiatives, the Company’s dependence on third parties, the risk that the Company may not obtain additional financing or TON, the uncertainty of the Company’s investment in TON, uncertainty around the Company’s historical operations, the Company’s operating strategy, the Company’s management team, risks related to the Telegram platform and ecosystem, the potential impact of markets and other general economic conditions and other factors set forth in “Item 3 – Key Information – Risk Factors” of the Company’s Annual Report on Form 20-F for the fiscal year ended March 31, 2025 and included in the Company’s Form 6-K filed with the Securities and Exchange Commission on September 3, 2025 and January 13, 2026. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed thereon as actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, except as required by law.
Investor relations:
AlphaTON Capital Corp.
(email protected)
(203) 682-8200
Media inquiries:
Richard Laermer
RP RLM
(email protected)
(212) 741-5106 ext. 216
