Live from #TOKEN2049 Singapore

Conversation with Veronika Kapustina, CEO of $TONX, on The Network State, DAOs, and the community power behind Telegram & TON.

October 1, 2025
1:30 PM Singapore | 1:30 AM ET

https://x.com/gatewatchhq/status/1973139613813186727?s=46

Meet our CEO, Veronika Kapustina, at the Network State Conference in Singapore today! She's delivering the $TONX talk: "Building a Stake in the Future of a Network State."

Catch her insights on how Telegram's platform lays the groundwork for global enterprises with tools like Mini Apps for dApps, Bots for automation, all on TON blockchain for secure transactions, empowering businesses and users.

Join to learn how TON and Telegram are pushing Freedom into orbit with censorship-resistant communication, decentralized economy, and digital sovereignty.

Don’t miss it! Thank you to Balaji for hosting.

Tune in here: https://ns.com/conference

#NetworkState #TON

@Durov has done it again, in a world of centralized AI dominance, he's standing for Freedom, Openness, and Privacy for all.

At the Blockchain Life Forum, @Durov unveiled @Cocoon, the Confidential Compute Open Network, a decentralized platform designed for secure and private execution of AI inference. Within this network, app developers will reward GPU owners with TON tokens for processing inference requests, fostering an open ecosystem for confidential AI compute.

Telegram will be the first major adopter, using @Cocoon for private AI queries and investing significantly in its promotion across its global user base, with the network launching in November after gathering applications from interested developers and GPU providers.

At $TONX, as the first Digital Asset Treasury focused on $TON, the digital currency of the TON x Telegram economy, we’re proud to invest in an ecosystem that treats users and builders as digital citizens, respects their rights, and supports them with tools that do not ask that they give up their data or compromise on their privacy.

@Cocoon is yet another reason we’re all in on $TON, let’s build together!

TON Strategy Co. (Nasdaq: $TONX) reports Q3 2025 Financial Results (ended 30th Sep 2025)

Key Highlights:
- $TON holdings valued at $587.8 million
- Revenue: $3.6 million, up from $0.1 million in Q3 2024
- Book value per share of $10.82

“Our objective is to build a differentiated public company aligned with the expansion of The Open Network by holding and staking $TON over a long-term time horizon,” said Veronika Kapustina, CEO of TON Strategy Company.

“This quarter was about execution. That included not only closing on the PIPE capital and accumulating Toncoin, but also underwriting key service providers and building the infrastructure needed to support our corporate treasury strategy”, said Sarah Olsen, CFO of TON Strategy Company.

For full details, view the earnings release here:
https://ir.tonstrat.com/news-events/press-releases/detail/279/ton-strategy-company-reports-third-quarter-2025-financial

We’re excited to announce the launch of our new website, featuring an analytics treasury dashboard dedicated to our $TON-focused digital asset strategy.

The dashboard offers clear visibility into our $TON holdings (as per our latest reporting) and key metrics—aligned with industry peers—supporting our mission to deliver transparent, regulated access to $TON via a public-market vehicle, enabling shareholders to participate in the growth of the TON ecosystem.

TON is putting crypto in every pocket—by building the Web3 ecosystem in
Telegram, TON is making digital ownership easy for billions.

...check it out here: https://tonstrat.com

Today, TON Strategy Company is pleased to announce the appointment of Kevin Wilson as our new Chief Executive Officer, effective May 4, 2026.

Wilson is a senior fintech executive and global markets professional with more than two decades of experience across financial markets, institutional trading and digital assets. Most recently, he served as Managing Director and Head of Integral Digital at Integral Development Corp., where he led the firm’s cryptocurrency trading and blockchain-based initiatives globally.

His appointment comes as TON Strategy builds on the treasury framework established in August 2025, with Toncoin staking already in place, a treasury generating meaningful staking revenue, and a continued focus on increasing $TON held per share over time.

⤵️Learn more about our new CEO’s background, expertise, and plans for the company’s future in the link below.

https://www.tonstrat.com/ton-strategy-company-appoints-kevin-wilson-as-chief-executive-officer/

Today, TON Strategy Company announced we will be holding a conference call on Tuesday, May 12 at 9am ET to discuss the company’s financial results for the first quarter ended March 31, 2026.
 
Shareholders and other interested parties are welcome to register for the live call and listen in.
The call will be broadcast live and available for replay on our investor relations website: https://www.tonstrat.com/shareholders.
 
🌐See more details and register to attend at the link below:
 
https://www.tonstrat.com/ton-strategy-company-sets-first-quarter-2026-conference-call-for-tuesday-may-12-2026-at-900-a-m-et/

In April, The Open Network (“TON”) saw some significant upgrades.

Reduced fees, faster block times, and increased staking rewards all contribute to stronger network performance and improved efficiency across our staking operations.
At the same time, a faster and lower-cost network makes Toncoin easier to use, supporting broader adoption and higher transaction activity over time. This also positions TON as a blockchain of choice for AI agent developers, particularly through Telegram.

Performance is critical in this context. Lower transaction costs improve the economics of deployment, while sub-second finality enables faster, more responsive agent interactions.

As an active participant in the TON ecosystem, these are important drivers of long-term value for Ton Strategy Co.

See more details in the press release below.
https://www.tonstrat.com/ton-strategy-company-highlights-ton-network-performance-upgrade-lower-tran…

Today, TON Strategy Company announced our financial results for the first quarter of 2026.

Q1 2026 highlights include:
 
➡️Approx. 221.9 million units of $TON held at March 31, 2026, including approx. 221.2 million units staked.
➡️ ~4.29% of all Toncoin is held by TON Strategy Company as of March 31, 2026.
➡️Digital assets held had a fair value of approx. $272 million.
➡️Earned ~2.2 million units of $TON during Q1 of 2026, representing approx. $3 million of staking revenue.
➡️We appointed Kevin Wilson as Chief Executive Officer to lead our next phase of execution.
➡️Supported TON network upgrades that reduced block times, shortened transaction times, and lowered transaction fees.
 
See more details of our financial results in the link below:
 
https://www.tonstrat.com/ton-strategy-company-reports-first-quarter-2026-financial-results/

$TONX

The recent introduction of Acton on The Open Network is a meaningful step towards simplifying the developer experience on TON.

Acton, the new integrated developer toolchain for the TON ecosystem, is designed to help developers build, test, debug, deploy, and audit TON-based smart contract applications more efficiently.

Why does this matter?
➡️As AI-native and agentic applications continue to evolve, reliable developer infrastructure will become increasingly important.

Tools like Acton could play a key role in supporting the next generation of use cases on the TON blockchain.

Learn more about how TON is building the infrastructure needed to support scalable, agentic innovation across its growing ecosystem in the link below.
https://www.tonstrat.com/ton-strategy-company-highlights-launch-of-acton-developer-toolchain-for-th…

Today, TON Strategy Company highlighted strong preliminary staking performance last month while continuing to support the recent key upgrades designed to strengthen The Open Network (TON).
 
These newly approved enhancements are intended to improve network performance, scalability, validation efficiency, and overall responsiveness as activity across the TON ecosystem continues to grow.
 
As one of the largest validators of Toncoin, TON Strategy voted in favor of these upgrades, which included:

➡️TVM 14 Upgrade
➡️Full Collated Data Generation & Validation Optimizations
➡️Block Sync Overlay
➡️Expanded Validation Capacity
➡️Validator Infrastructure Improvements
➡️Network Security & Resource Controls
 
Learn more about these upgrades and how they are helping scale the TON ecosystem below:
 
https://www.tonstrat.com/ton-strategy-company-highlights-strong-may-staking-performance-and-approved-ton-network-upgrades/
 

Toncoin is now Gram.🪙
 
Following a community governance vote, the native asset ticker has changed from $TON to $GRAM, while the underlying blockchain and network name remain TON. No token swap, migration, bridge, claim, or conversion is required, and TON Strategy's Nasdaq ticker, TONX, remains unchanged.
The rebrand to Gram gives TON's native currency a simpler, more unified identity as the ecosystem continues to mature.
 
Recent network upgrades have improved speed, transaction efficiency, validation performance, and developer tooling. The Gram identity further supports a more intuitive and recognizable currency experience as adoption expands across wallets, payments, consumer applications, and emerging AI use cases.

Learn more about the transition to Gram at the link below:
 
https://www.tonstrat.com/ton-strategy-company-highlights-toncoin-rebrand-to-gram-as-ton-ecosystem-advances-telegram-native-currency-identity/

Today, TON Strategy announced we have entered into a Rule 10b5-1 trading plan under our existing $250 million share repurchase authorization.
 
This plan is designed to facilitate share repurchases over a two-month period beginning July 1.
 
Manuel Stotz, Executive Chairman of TON Strategy explained, “Disciplined capital allocation is a key driver of long-term shareholder returns. When our shares trade at a significant discount to their intrinsic value, repurchasing them is the most compelling investment we can make to increase value for all shareholders.”
 
⤵️Read the full announcement below to learn more:
 
https://www.tonstrat.com/ton-strategy-company-advances-share-repurchase-program/

Today, TON Strategy provided an update on the wind-down of our legacy operations and highlighted our strong preliminary June staking performance.
 
TON Strategy has largely completed the primary operating actions associated with winding down its inherited social commerce and software businesses, a move expected to reduce annual cash operating expenses by ~$4 million while sharpening our focus on both our Gram treasury as well as supporting the TON ecosystem.
 
Additionally, we reported a preliminary annualized gross staking yield of approximately 16% for June, with approximately 230.5 million Gram held as of June 30.
 
As Kevin Wilson, our CEO, explains, “These actions simplify our operations and further sharpen our focus on the long-term opportunity we see in Gram and the TON ecosystem. Our June staking performance also demonstrates the productivity of our treasury and the importance of disciplined execution as we continue to support TON.”
 
⤵️Read the full announcement below for more details:
https://www.tonstrat.com/ton-strategy-company-provides-update-on-wind-down-of-legacy-operations-and-june-staking-performance/

Today, TON Strategy highlighted the latest infrastructure advancements across The Open Network (TON), underscoring continued progress toward a faster, more scalable blockchain ecosystem.

Recent updates include:

⏩Faster indexed blockchain data
⏩Expanded APIs for developers and validators
⏩Upgraded infrastructure powering TON ecosystem services

Together, these backend improvements strengthen TON's core technology, helping applications maintain peak performance as network activity scales.

As our CEO Kevin Wilson explains, “I often think of it like a Formula 1 car. Once you’ve built an incredibly powerful engine, the next gains don’t come from adding more horsepower—they come from refining the aerodynamics, suspension, brakes, and every other system that contributes to performance.”

Learn more about how these infrastructure upgrades support TON's continued scale and performance at the link below.
 
https://www.tonstrat.com/ton-strategy-company-highlights-continued-infrastructure-advancements-across-the-ton-ecosystem/

Today, TON Strategy Company (Nasdaq: TONX) announced we will be holding a conference call on Tuesday, August 11 at 9am ET to discuss the company's financial results for the second quarter ended June 30, 2026.

Shareholders and other interested parties are welcome to register for the live call and listen in.

The call will also be available for replay on our investor relations website: https://www.tonstrat.com/shareholders

🌐 See more details and register to attend in the link below:
https://www.tonstrat.com/ton-strategy-company-sets-second-quarter-2026-conference-call-for-tuesday-august-11-2026-at-900-a-m-et/

Today, TON Strategy Company announced our financial results for the second quarter of 2026.
 
Highlights from this quarter include:
 
➡️ Approx. 230.5 million Gram held at June 30, 2026, including ~229.9 million Gram staked.
➡️ Represented approx. 4.4% of the total Gram supply and ~35% of all Gram staked across the network as of August 4, 2026.
➡️ Earned ~9.4 million Gram during Q2 2026, generating approx. $15.0 million in staking revenue and an annualized gross staking yield of ~17%.
➡️ Completed actions to discontinue our inherited legacy operations, reducing annual cash operating cost base by an expected $4.0 million and sharpening our focus on the TON ecosystem.
➡️ Supported the rebrand from Toncoin to Gram, as well as several upgrades that strengthened the network with increased speed, reduced transaction costs, and expanded capacity for payments and applications.
 
See more details from Q2 in the release below:
 
https://www.tonstrat.com/ton-strategy-company-reports-second-quarter-2026-financial-results/