TON Foundation partners with Kingsway to raise $400M as Toncoin jumps 2%

The TON Foundation has announced a strategic partnership with Kingsway Capital Partners to establish a new Toncoin treasury company, aiming to raise up to $400 million to bolster its digital asset reserves. The initiative involves creating a joint entity that will hold TON tokens as its primary financial reserve, mirroring strategies adopted by other Layer-1 blockchain ecosystems. This approach diverges from traditional treasury models, which often prioritize fiat currencies or bonds, and instead emphasizes long-term value retention through token accumulation [1]. The funding will be sourced via a private investment in public equity (PIPE) structure, where investors purchase shares in the new company at a discounted price before its public listing. Analysts suggest this could enhance TON’s liquidity and price stability, particularly if the treasury adopts a long-term holding strategy to counteract market volatility [2].

Kingsway Capital Partners is anticipated to play a central role in securing the funding round, with proceeds exclusively allocated to purchasing Toncoin. This move follows the recent launch of Telegram’s native TON Wallet, now available to 87 million U.S.-based users, marking a dual strategy to expand both institutional and retail adoption. By leveraging institutional-grade treasury operations alongside mass-market accessibility, the TON Foundation aims to position Toncoin as a bridge between enterprise-level liquidity and consumer utility [3].

The decision reflects a broader trend of enterprises treating crypto tokens as institutional reserves, similar to MicroStrategy’s Bitcoin strategy. However, this approach carries risks, as noted by the TON Foundation’s prior misstep—a failed UAE Golden Visa offer tied to TON staking—which underscored the importance of regulatory alignment and market readiness [4]. Despite these challenges, Toncoin’s price responded positively to the news, rising 2% to $3.16, with a market capitalization of $7.68 billion. Technical indicators show key resistance at $3.30 and support around $3.10, though 24-hour trading volume fell nearly 20%, signaling cautious market sentiment. Analysts note that broader crypto trends, including Ethereum’s recent pullback, may influence Toncoin’s trajectory [5].

Price forecasts suggest Toncoin could trade between $2.35 and $2.39 by December 2025, representing a potential 24.55% decline from current levels. Conversely, upward momentum could yield gains of up to 23.92% if market conditions improve. The MACD indicator hints at early bullish momentum, while the RSI of 57.43 suggests moderate buying pressure without overbought conditions. These metrics, however, remain speculative and require further validation [6].

Source:

[1] [title1TON Foundation plans to partner with Kingsway Capital Partners to create a new Toncoin treasury company] [url1https://coinmarketcap.com/community/articles/68829c7156504861a5177d9d/]

[2] [title2TON Foundation plans to partner with Kingsway Capital Partners to create a new Toncoin treasury company] [url2https://coinmarketcap.com/community/articles/68829c7156504861a5177d9d/]

[3] [title3TON Foundation plans to partner with Kingsway Capital Partners to create a new Toncoin treasury company] [url3https://coinmarketcap.com/community/articles/68829c7156504861a5177d9d/]

[4] [title4TON Foundation plans to partner with Kingsway Capital Partners to create a new Toncoin treasury company] [url4https://coinmarketcap.com/community/articles/68829c7156504861a5177d9d/]

[5] [title5TON Foundation plans to partner with Kingsway Capital Partners to create a new Toncoin treasury company] [url5https://coinmarketcap.com/community/articles/68829c7156504861a5177d9d/]

[6] [title6TON Foundation plans to partner with Kingsway Capital Partners to create a new Toncoin treasury company] [url6https://coinmarketcap.com/community/articles/68829c7156504861a5177d9d/]