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Sign InAlphaTON Capital has launched a $43 million fundraising initiative aimed at developing and scaling Cocoon, a decentralized AI infrastructure native to the Telegram ecosystem. The project seeks to integrate advanced AI capabilities directly into the messaging platform while leveraging the existing TON blockchain infrastructure. AlphaTON Capital, which holds a substantial treasury of TON tokens, plans to utilize its resources to provide long-term support for the ecosystem's growth. This capital injection is expected to bolster the fundamental value of the TON network by introducing sophisticated AI utility to its global user base. The move highlights a strategic convergence between decentralized finance and artificial intelligence within the social messaging space.