The TON Foundation has announced plans to partner with Kingsway Capital Partners to create a new Toncoin treasury company. The joint entity is set to raise up to $400 million to advance the company’s Toncoin treasury operations.
According to reports, the entity will treat TON as a core financial reserve, mirroring strategies seen in other Layer-1 ecosystems. Instead of holding dollars or bonds, the treasury will store TON tokens. This shows emphasis on long-term digital asset value.
Funding strategy through PIPE
According to sources who know about the deal, the funds will come from a private investment in public equity (PIPE). However, for this plan to work, investors buy shares in the new company at a lower price before it goes public. Analysts suggest the PIPE structure could enhance TON’s liquidity and price stability, particularly if the treasury adopts long-term holding strategies to mitigate market volatility.
Kingsway Capital is expected to be one of the main participants in the raise. This will help to secure the funding round. With the money that was raised, only Toncoin purchases will be made.
This new treasury announcement comes on the heels of the launch of Telegram’s native TON Wallet, which has already rolled out to around 87 million US-based Telegram users. This dual-pronged approach, institutional reinforcement via the treasury and mass retail expansion via the Telegram wallet, strategically positions Toncoin to serve both user bases at once.
The initiative reflects a rising trend where companies treat tokens like Toncoin as institutional-grade reserves. Firms like MicroStrategy have done this with Bitcoin. As of the beginning of the year, crypto treasury companies have grown very quickly. Businesses that hold Ethereum, like SharpLink Gaming and BitMine, are keeping up with companies that hold Bitcoin.
As reported by Cryptopolitan, the TON Foundation wants to move on from the mess it made with its $135,000 UAE Golden Visa offer, which was made too soon and without any government support. At the time, the TON Foundation said buyers who staked $100,000 worth of TON for three years would get a 10-year UAE Golden Visa.
TON’s Price remains steady after the news
After the news came out, the price of Toncoin (TON) went up by 2%, hitting $3.16 at the time of this writing. The value of Toncoin on the market also went up to $7.68 billion. Key resistance currently lies at the $3.30 mark, while strong support levels are holding around $3.10 and $3.05.
However, trading volume over 24 hours is down almost 20%, suggesting low momentum. So, prices will likely stay the same or go down unless sellers step in with a volume. This decline also aligns with broader market caution, particularly as Ethereum leads a wider crypto pullback.
Meanwhile, the MACD shows early signs of bullish momentum, suggesting that prices could go up again if the market mood changes. The RSI is currently around 57.43, showing moderate buying activity but not overbought conditions.
From now until December 2025, the price of Toncoin is expected to be between $2.35 and $2.39. This means the price could go down by 24.55% from where it is now. But if the prediction turns out to be wrong and TON goes up, buyers could make up to 23.92%.
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