Alphahaton Capital, a company listed in Nasdaq newly rebranded from Portage Biotch (PRTG)said it would buy nearly $ 100 million worth of toncoin To produce a digital asset treasury firm that offers exposure to the token.
The firm will operate under the “Aton” ticker starting September 4. It plans to manage tons of network infrastructure and incubation of applications within the telegram messaging ecosystem, while also developing rewards of token staking.
The company’s shares, which are still trading under the PRTG ticker, rose 14% to $ 7.91.
TON BLOCKCHAIN is a community-driven project supported by open-source developers after the Telegram developed the original ton blockchain in 2018, but it was lowered following the regulation forced in 2020. Telegram CEO Endorsed by Pavel Durov The independent project today in 2021.
The Alphaton Treasury approach has a BITGO loan facility for $ 35 million to speed up the obtaining token and staking operation.
The company named Brittany Kaiser as CEO. He joined Enzo Villani, a co-founder of the NASDAQ Global Corporate Solution, who would serve as executive chairman.
To fund the purchase of tonnes, Alphaton’s secure $ 38.2 million through a private placement. The loan from BitGo can be collateralized by tons tokens and for six months.
Update (September 3, 15:08 UTC): Adds a fourth paragraph to Ton Blockchain’s Link History Telegram.
