Anthony Scaramucci Joins $100M Toncoin Treasury Push With AlphaTON

Thu Sep 04 2025
AlphaTON Capital, backed by Anthony Scaramucci, is building a $100M Toncoin treasury to fuel Telegram’s billion-user Web3 ecosystem. The Nasdaq-listed firm pivots from biotech to blockchain.

🐂💰 Scaramucci Bets Big: 100M Toncoin Treasury Targets Telegram’s Billion-User Empire

From Wall Street to Web3 — Anthony “The Mooch” Scaramucci is back. This time, he’s helping build a 100M Toncoin treasury inside AlphaTON Capital, a Nasdaq-listed firm pivoting from biotech to blockchain. The goal? Turn TON into the backbone of Telegram’s 1B-user super-app economy.


⚡ Quick Hits

  • 💰 Treasury target: 100M in Toncoin
  • 📊 Financing: 73.2M raised (38.2M equity + 35M BitGo Prime loan)
  • 🏦 Structure: Nasdaq-listed Digital Asset Treasury (DAT)
  • 👥 Leadership: Brittany Kaiser (CEO), Anthony Scaramucci (Advisor)
  • 🤝 Strategic partners: BitGo, Animoca Brands, Kraken, SkyBridge
  • 🪙 Context: Follows Ton Strategy’s 700M TON reserve (Aug 2025)
  • 📱 Ecosystem: Telegram → 1B+ monthly active users

🧬 From Biotech to Blockchain

AlphaTON Capital isn’t just a rebrand — it’s a full-blown pivot.

  • Formerly Portage Biotech Inc. (clinical-stage pharma).
  • Now → a Toncoin-focused Digital Asset Treasury.
  • Strategy: Acquire and hold strategic TON reserves + fund Telegram mini apps.

This play mirrors Ton Strategy’s 700M TON acquisition last month, showing how small-cap public firms are mutating into crypto treasuries to ride Telegram’s blockchain wave.


🚀 Why Toncoin, Why Now

Toncoin (TON) = the native token of The Open Network, Telegram’s Layer-1 blockchain.

  • Mini apps + payments now integrated into Telegram.
  • TON evolving into a super-app economy → DeFi, gaming, biz tools.
  • 100M accumulation = building a strategic Toncoin reserve + providing TON exposure to public markets.

The bet: TON isn’t just another coin — it’s becoming the digital backbone for a billion-user Web3 economy.


🗣 Quotes From the Frontlines

Brittany Kaiser, CEO of AlphaTON:

“With Telegram’s billion-user ecosystem and TON’s robust blockchain architecture, we are investing in a future where users own their data and digital assets, developers innovate without barriers, and financial inclusion becomes a global reality.”

Anthony Scaramucci, Advisor to AlphaTON:

“Toncoin represents one of the most significant opportunities to bring blockchain adoption to the mainstream. Our goal is to build a treasury that supports both the asset and the ecosystem’s long-term growth.”

Eli Ben-Sasson, CEO of StarkWare (on TON’s adoption, Aug 2025):

“Demand for robust, scalable networks is shifting from developer circles to institutions — Toncoin is at the center of that momentum.”


🌐 Big Picture: TON’s Institutional Era

  • Ton Strategy: 700M treasury (August 2025).
  • AlphaTON: 100M target, Nasdaq-listed, with Scaramucci on deck.
  • Result: TON is now one of the most strategically accumulated digital assets of 2025.

If AlphaTON combines treasury accumulation with mini-app development, TON could lock in its role as both:

  1. 🏦 A reserve asset (institutional play)
  2. 📱 The backbone of a billion-user Web3 economy

✍️ TL;DR

Anthony Scaramucci joins AlphaTON Capital to build a 100M Toncoin treasury, backed by 73M in financing and strategic partners like BitGo, Animoca, and Kraken. With Telegram’s 1B+ user ecosystem, TON is positioning itself as both a reserve asset and the infrastructure for a global Web3 super-app economy.

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