PANews reported on December 5th that, according to GlobeNewswire, AlphaTON Capital announced it has withdrawn from the SEC's "baby shelf" funding restrictions and filed a $420.69 million shelf registration statement. The funds will be used to expand the GPU computing infrastructure supporting the Telegram Cocoon AI network and to acquire profitable companies within the Telegram ecosystem. The company will also continue to increase its holdings of Toncoin and related digital assets, and strengthen its TON ecosystem through strategic acquisitions and infrastructure deployment.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.