AlphaTON, a publicly listed company, enters the digital asset treasury market by purchasing $30 million worth of TON tokens. The company plans to grow its treasury to $100 million by 2025. TON Strategy Co. was the first to launch a TON treasury, accumulating $713 million in tokens. Both companies follow similar strategies but focus on different aspects.

Despite efforts to bolster The Open Network (TON) ecosystem, the token price remains low, trading at $2.75 and down 50% year-to-date. TON Foundation raised over $400 million in investments but has not seen significant price recovery. Digital asset treasuries are expanding to include altcoins like Dogecoin, Solana, and Avalanche, with companies like AlphaTON and TON Strategy Co. leading the charge.

Read more at Cointelegraph: AlphaTON Adds $30M in Toncoin to Balance Sheet Amid Price Decline