LAS VEGAS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (Nasdaq: TONX), a digital asset treasury company dedicated to holding Toncoin ($TON), today announced leadership and governance actions intended to strengthen the Company’s public-company foundation. The Company has commenced a formal search to expand the Board to add additional independent directors and appoint a new Chief Executive Officer as part of a planned leadership transition. The Company’s current CEO, Veronika Kapustina, will transi ...

Moscow will roll out long-awaited Russian crypto regulation in July, allowing both retail and institutional investors to buy Bitcoin by mid-2027, according to the chief architect of a new financial law. A comprehensive legislative framework will be ready for State Duma lawmakers to vote on at the end of June, Anatoly Aksakov, the head of the State Duma’s Committee on the Financial Markets, told Russia’s Parliamentary Gazette. The law will include regulations for crypto exchanges, which currently operate ...

Core Insights - Telegram's financial performance is increasingly influenced by its connections to cryptocurrency, particularly Toncoin, amidst legal and geopolitical challenges [1][6] Revenue Growth - Telegram reported operating revenue of $870 million in the first half of 2025, marking a 65% increase from $525 million in the same period last year [1] - Approximately $300 million of this revenue came from exclusivity deals linked to Toncoin, indicating a shift towards crypto-related income streams [2] Net Loss and Operating Profit - Despite the revenue growth, Telegram experienced a net loss of roughly $222 million, contrasting with a net profit of $334 million in the first half of 2024, primarily due to a write-down in Toncoin holdings [3] - The company achieved an operating profit of nearly $400 million, suggesting that the core business remains profitable before accounting for crypto-related losses [3] Toncoin's Financial Impact - Toncoin's significance in Telegram's finances has increased over the past two years, with premium subscriptions generating $223 million and in-app purchases heavily relying on TON for transactions [4] - Advertising revenue rose to $125 million, while Telegram sold over $450 million worth of Toncoin during the year to date [4] Digital Asset Holdings - As of the end of June, Telegram's total digital asset holdings decreased to $787 million from $1.3 billion a year ago, attributed to sales and declining token prices [5] - Toncoin is currently trading at approximately $1.93, significantly lower than its all-time high of $8.25, but still up over 60% year-over-year [5] Debt and Financial Strain - Telegram faces additional financial pressure due to approximately $500 million of its bonds being frozen in Russia's central securities depository as a result of Western sanctions following the invasion of Ukraine [6]

If hundreds of publicly traded companies begin buying Bitcoin all at once, how can investors separate the winners from the losers? At its most basic, the industry’s answer was mNAV.“If you think about it, most of these [crypto treasury firms] originated by a reverse takeover,” she said “The SEC, under the prior administration, would never have signed off on these companies coming into existence.”Instead of pursuing a time-consuming public offering, many crypto treasury firms have stemmed from reverse merger ...

Core Insights - The current volatility in Bitcoin is negatively impacting altcoins, leading to investor hesitation in the crypto market [1][5] - Despite the negative sentiment, this may present a buying opportunity for altcoins, particularly for the CoinShares Altcoins ETF (DIME) [1][2] Market Sentiment - The overall sentiment towards altcoins is currently very negative, with the CMC Altcoin Season Index at 20, indicating a Bitcoin-favored market phase [4][6] - The CoinMarketCap's Fear and Greed Index is at 22, reflecting investor hesitation and making it difficult for an altcoin season to emerge [6] Technical Analysis - Technical conditions suggest a potential rebound for altcoins, particularly when the 30-day trading average falls below the 12-month average, which historically precedes a rally [7][8] - This pattern has previously indicated periods of low activity followed by market recoveries, suggesting a possible near-term bullish case for DIME [8]

Core Viewpoint - AlphaTON Capital (ATON), a Nasdaq-listed entity, has submitted a shelf registration of $420.69 million to the SEC to expand its investments in the TON token, the Telegram mini app ecosystem, and the newly launched Cocoon AI network [1] Group 1: Financial Moves - The shelf registration amount is $420.69 million, indicating a significant capital raise for investment purposes [1] - AlphaTON has adjusted most of its balance sheet to focus on Toncoin and related staking positions, reflecting a strategic shift towards cryptocurrency investments [1] Group 2: Technological Investments - The company has deployed Nvidia B200 GPUs to support the Cocoon project, highlighting its commitment to leveraging advanced technology in its operations [1]

Coinbase announced that it will list Toncoin (TON) and Superfluid (SUP). TON-USD spot trading is expected to open on or after November 18, 2025, at 9:00 a.m. Pacific Time, while SUP-USD trading will open on November 17, 2025; both launches are subject to liquidity conditions in supported regions. https://t.co/rkZ3HNexvC & https://t.co/PMJqEbmxLe ...

Core Points - Nasdaq reprimanded TON Strategy Company for violating shareholder approval requirements related to its $272 million Toncoin acquisition and private placement financing [1][2] - The company will remain listed on Nasdaq as the violations were deemed unintentional rather than deliberate [1][6] Violation Details - The first violation occurred during a private placement on August 7, which raised approximately $558 million through the sale of about 58.7 million shares at $9.51 per unit, resulting in a change of control due to a 19.99% ownership acquisition by the Executive Chairman [2][3] - The second violation involved the $272.7 million Toncoin purchase agreement executed on July 31, where 48.78% of the private placement proceeds funded the acquisition, necessitating prior shareholder approval under Rule 5635(a) [4][5] Compliance and Future Actions - Nasdaq noted that the closing of the Toncoin purchase was contingent on the completion of the private placement, which triggered the requirement for shareholder consent due to the significant financing directed towards digital assets [5] - The company accepted the reprimand and committed to future compliance, with Nasdaq acknowledging that there was no pattern of non-compliance and that the violations were inadvertent [6]

Core Viewpoint - Nasdaq issued a warning to TON Strategy for violating shareholder approval rules related to its cryptocurrency purchases and private stock sales Group 1: Company Actions - TON Strategy, formerly known as Verb Technology, raised approximately $558 million through a private investment in public equity (PIPE) to acquire Toncoin, a cryptocurrency linked to Telegram [2][3] - The company purchased $273 million worth of Toncoin without obtaining the necessary shareholder approval for either the PIPE financing or the subsequent purchase [3] Group 2: Regulatory Response - Nasdaq determined that TON Strategy did not intentionally avoid compliance and opted to issue a warning instead of delisting the stock [4] - The company believed it was following proper procedures based on advice from external advisors during the PIPE financing deal [4] Group 3: Market Dynamics - The incident reflects the rapid changes and blurred lines in the market as public companies increasingly invest in cryptocurrencies to enhance stock prices [5] - Following the acquisition of Toncoin, TON Strategy's stock price surged from around $9 in July to over $22 in mid-August, but has since plummeted nearly 82% to $4.08 [5][6]

Overview of Toncoin - Toncoin is supported by Telegram's large user base, potentially reaching 1 billion users [1] - The Open Network (TON) was initially developed by Telegram and is now community-driven [1] Key Features - TON offers fast transactions, scalability, and user-friendly apps integrated into Telegram [2] - Users can send payments, create smart contracts, and build decentralized applications (dApps) on TON [2] Market Potential - TON is designed for mainstream adoption, aiming to make crypto accessible to everyone [2] - The report suggests Toncoin could be a significant development in the cryptocurrency market [2]