AlphaTON Capital Corp. (Nasdaq: ATON) (“AlphaTON” or the “Company”), the world’s leading public technology company developing the Telegram super-app with an addressable market of one billion monthly active users, today provided a comprehensive update on its strategic initiatives. The company raised $44 million in net capital, expanded its AI infrastructure deployment, and established additional revenue-generating partnerships that position AlphaTON as a foundational infrastructure provider for privacy-preserving artificial intelligence.
Balance Sheet Update and Capital Markets Activity
AlphaTON implemented a disciplined capital strategy to fund infrastructure expansion while maintaining financial flexibility:
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Recent capital increase: closing of a $15 million registered direct offering at $1.00 per share. The majority of net proceeds are allocated to scaling the GPU AI infrastructure for Cocoon AI and for the company’s working capital.
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Infrastructure investment: Launching a $46 million investment in AI infrastructure expansion on January 5, 2026, for a total of 576 NVIDIA B300 chips. This deployment, scheduled for delivery in March 2026, is expected to generate an IRR of 27%, a ROI of 282% and a net present value of $11 million.
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SEC Compliance Milestone: Exiting the SEC’s “baby shelf” restrictions on December 3, 2025, by filing a $420.69 million registration statement, declared effective December 11, 2025. This provides increased financing flexibility for strategic acquisitions and infrastructure deployment.
AI infrastructure deployment and revenue generation
AlphaTON rapidly deployed GPU infrastructure to address the emerging opportunity in privacy-preserving AI computing:
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Cocoon AI Network Launch: Successfully deployed the initial fleet of B200 GPUs on November 30, 2025, coinciding with the official launch of Telegram’s Cocoon AI Network. The company began generating revenue in December using AI inference processing.
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Advanced GPU Deployments: Deploying H200 GPUs on December 8, 2025 and securing the first NVIDIA B300 chips with Supermicro HGX systems through the Atlantic AI partnership on December 15, 2025. Launch of the #OwnYourNode program enabling commercial and institutional access to fractional GPU ownership. Purchase order signed for a first half cluster of 576 x B300 for delivery in March 2026.
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Data center infrastructure: Signed a five-year enterprise colocation agreement with atNorth AB on December 11, 2025, securing 2.2 MW of high-performance computing capacity in Sweden, powered by 100% renewable energy.
Strategic partnerships and technological integration
AlphaTON has established partnerships that are expected to create additional revenue streams and vertically integrate into the company’s Confidential Compute AI infrastructure:
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Midnight Foundation Partnership: Signing of a definitive agreement effective December 2025 establishing AlphaTON as a founding provider of federated node architecture for privacy-preserving AI. The agreement generates immediate monthly revenue and includes reimbursement of documented network growth costs.
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Claude Connector Launch: AlphaTON Claude Connector launches on January 21, 2026, an open source platform combining Anthropic’s Claude AI with TON blockchain technology via Telegram. The solution allows mainstream users to manage digital assets through natural language conversations.
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Alpha Liquid Terminal: Developing an agentic trading and monitoring application that will use agents to seek best execution across multiple asset classes, including tokenized securities, cryptocurrencies, stocks, private equity, and real-world assets.
Management commentary
“Since our November 2025 update, AlphaTON has consistently executed our strategy to transition from a passive holder of digital assets to an active infrastructure operator generating recurring revenue,” said Brittany Kaiser, Managing Director of AlphaTON Capital. “The $44 million in net capital deployed has positioned us at the forefront of the privacy-preserving AI infrastructure market. Our GPU deployments are generating revenue today, our partnerships with Midnight Foundation and others are creating scalable revenue models, and we have secured institutional-grade data center capacity to support continued growth.
“Since taking over the leadership of this Nasdaq-listed company, this team has demonstrated over the past two months our ability to act decisively and deploy capital efficiently,” commented Enzo Villani, Executive Chairman and Chief Investment Officer. “We are much more than a digital asset treasury company, we have taken over to develop a vertically integrated Telegram ecosystem company that combines AI and decentralized blockchain infrastructure on Telegram’s proprietary blockchain, develop, combine and acquire applications successfully deployed on Telegram, and integrate them to provide additional value to over a billion users on Telegram.”
Brittany Kaiser, CEO, commented: “Our strategy is simple: create a company that supports Telegram because our mission is focused on the future of privacy and digital identity sovereignty. In our world, ownership of your ideas and concepts developed with AI is protected, and our goal is to offer an alternative to centralized technology companies that exploit the user and their information, come join us!”
About AlphaTON Capital Corp. (Nasdaq: ATON)
AlphaTON Capital Corp (NASDAQ: ATON) is the world’s first public technology company developing the Telegram super app, with an addressable market of 1 billion monthly active users, while managing a strategic reserve of digital assets. The Company implements a comprehensive M&A and treasury strategy that combines direct acquisition of digital assets, validation operations and strategic ecosystem investments to generate sustainable returns for shareholders. Through its operations, AlphaTON Capital provides public market investors with institutional-grade exposure to the TON ecosystem and Telegram’s billion-user platform while maintaining the governance standards and reporting transparency of a Nasdaq-listed company. Led by Chief Executive Officer Brittany Kaiser, Executive Chairman and Chief Investment Officer Enzo Villani, and Chief Business Development Officer Yury Mitin, the Company’s activities span network validation and staking operations, Telegram-based application development, and strategic investments in TON-based decentralized financial protocols, gaming platforms, and commercial applications.
AlphaTON Capital Corp is a company incorporated in the British Virgin Islands and traded 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. To learn more, please visit
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:
John Ragozzino, CFA
(email protected)
(203) 682-8200
Media inquiries:
Richard Laermer
RP RLM
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