AlphaTON Capital Raises $43 Million to Expand AI Compute Infrastructure

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Gate News, April 10, AlphaTON Capital announced plans to enter into a cooperation agreement with Vertical Data Inc., raising $43 million to expand the AI compute infrastructure. The transaction is expected to be completed in the second quarter of 2026. AlphaTON CEO Brittany Kaiser said the funding will be used to deploy additional NVIDIA B300 GPUs. The core goal is to drive the integration of AI, digital assets, and confidential computing, and to expand the platform’s compute capacity. On the business side, in addition to holding a large amount of TON tokens as treasury assets, AlphaTON is also deeply involved in infrastructure development across the Telegram and TON ecosystems, with key investment areas including Telegram’s decentralized AI platform Cocoon. In terms of background, AlphaTON was transformed and reorganized from the former publicly listed biotechnology company Portage Biotech Inc. The latter previously focused on cancer treatment research, and completed the spin-off of its cancer treatment subsidiary in February this year.

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