Ton Strategy Co

tonstrat.com

Ton Strategy Co (NASDAQ: TONX) is a digital asset treasury company focused on acquiring and managing Toncoin, the native digital asset of The Open Network (TON) blockchain. The company generates income primarily through staking rewards, earned by locking up Toncoin holdings to validate transactions on the TON network. The TON blockchain was originally developed to integrate with Telegram, which has more than one billion users globally according to the FY2025 10-K filed March 31, 2026. The company also operates digital media subsidiaries, including MARKET.live, which provides livestream commerce services, and Go Fund Yourself (GFY), which charges issuer clients fees for production, post-production, and marketing services. The company implemented its TON Treasury Strategy beginning August 2025, deploying equity-raise proceeds to acquire Toncoin and commence staking operations. As of the FY2025 10-K, operations are financed entirely through equity. The company has never declared or paid a dividend. As of March 24, 2026, there were approximately 120 holders of record of common stock.