AlphaTON Capital Corp ("AlphaTON Capital" or the "Company") (NASDAQ: ATON), a specialized digital asset treasury company focused on the Telegram ecosystem, today announced the successful closing of its previously announced financings and the completion of its initial TON token acquisition, establishing a robust treasury foundation and high-profile relationships to execute its growth strategy.

The Company successfully closed its private placement of approximately 6.32 million ordinary shares (or pre-funded warrants in lieu thereof) at $5.73 per share (less $0.001 per pre-funded warrant), raising gross proceeds of approximately $36.2 million. Additionally, AlphaTON Capital closed a $35 million loan facility with BitGo Prime, LLC. From these financing transactions, the Company acquired its first significant treasury tranche of approximately $30 million of TON, establishing AlphaTON Capital as one of the largest global holders of TON and providing shareholders with significant exposure to Telegram's billion-user ecosystem.