The listed company AlphaTON Capital plans to acquire 100 million TON tokens

ChainCatcher news, according to GlobeNewswire, publicly traded company AlphaTON Capital Corp (formerly Portage Biotech Inc.) today announced plans to acquire approximately $100 million in TON tokens and launch a digital asset financial strategy specifically targeting the Telegram ecosystem.

The company will change its name on September 4, 2025, with the stock ticker changing from "PRTG" to "ATON". Data protection and digital asset expert Brittany Kaiser has been appointed as CEO, and the company will focus on TON token management, network validation, and ecosystem development. AlphaTON has raised approximately $38.2 million through private placements and has signed a $35 million loan agreement with BitGo Prime to support the token acquisition.