Catenaa, Sunday, January 18, 2026- AlphaTON Capital Corp (Nasdaq: ATON) announced a $46 million agreement to expand its AI compute infrastructure, deploying 576 NVIDIA B300 chips to scale the decentralized, Telegram-native Cocoon AI network.
The deployment marks AlphaTON’s first large-scale confidential compute implementation, part of its ongoing TON treasury strategy.
The deal structure combines $4 million in upfront cash, $32.7 million in non-recourse debt financing, and $9.3 million in equity installments to be paid upon full deployment in March. Cocoon AI, built on the TON blockchain, enables privacy-focused AI processing for Telegram’s roughly 1 billion monthly active users.
Users are compensated in Toncoin for renting GPUs, offering an alternative to centralized AI platforms such as Google Gemini and OpenAI’s ChatGPT.
AlphaTON’s expansion aligns with its $420.69 million shelf registration filed in December 2025, intended to fund AI infrastructure growth and Toncoin ecosystem initiatives, including mini-app development and a co-branded TON Mastercard.
The treasury program began in September 2025 with a $36.2 million private placement and a $35 million loan facility from BitGo Prime. AlphaTON aims to acquire approximately $100 million in TON tokens and support the network’s mini-app economy.
Enzo Villani, AlphaTON CIO, highlighted the deployment as both capital preservation and strategic positioning for the expected AI infrastructure supercycle.
The firm’s investments have drawn backing from major blockchain and crypto investors, including Benchmark, Sequoia Capital, Draper Associates, CoinFund, Skybridge, and Pantera Capital.
The NVIDIA-powered expansion is scheduled for February delivery, with full integration into the Cocoon network set for March, enhancing AlphaTON’s ability to generate revenue while supporting decentralized, privacy-preserving AI adoption.
