TechFlow, Dec 5 — According to The Block, AlphaTON Capital Corp (ticker: ATON) announced on Thursday that it has filed a shelf registration statement with the U.S. Securities and Exchange Commission (SEC) for $420,690,000. This internet-culture-inspired funding amount will be used to expand its investments in TON tokens, the Telegram mini-apps ecosystem, and the newly launched Cocoon AI network.
AlphaTON plans to deploy Nvidia B200 GPUs to support Telegram's Cocoon decentralized AI computing platform, which allows users to earn Toncoin rewards by renting out GPU processing power. The company has also identified multiple high-potential acquisition targets, including startups focused on payments, content distribution, and blockchain services.
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