AlphaTON Capital Appoints Wes Levitt as Chief Financial Officer
Globenewswire·2025-10-24 12:05

Core Insights - AlphaTON Capital Corp. has appointed Wes Levitt as Chief Financial Officer, effective immediately, to support its growth in the TON ecosystem and digital asset markets [1][2]. Company Overview - AlphaTON Capital is a specialized digital asset treasury company focused on building and managing a strategic reserve of TON tokens and developing the Telegram ecosystem [5][6]. - The company implements a comprehensive treasury strategy that includes direct token acquisition, validator operations, and strategic ecosystem investments to generate sustainable returns for shareholders [5]. Leadership and Strategy - Wes Levitt brings extensive experience in finance, investment management, and blockchain strategy, having previously served as Co-CIO at Alpha Sigma Capital Advisors and Head of Strategy at Theta Labs [2][3]. - In his new role, Levitt will oversee finance, accounting, and capital markets operations, while also supporting strategic initiatives to enhance AlphaTON's position within the TON ecosystem [4]. Business Activities - AlphaTON's activities include network validation, staking operations, and the development of Telegram-based applications, as well as potential investments in TON-based decentralized finance protocols and gaming platforms [6]. - The company is also involved in advancing therapies targeting checkpoint resistance pathways, contributing to drug development and strategic counsel for immunotherapy assets [7].