AlphaTON Capital and Animoca Brands Forge the First Nasdaq-Linked Web3 Gaming Powerhouse

Animoca Brands and AlphaTON Capital Corp. (Nasdaq: ATON) have signed a non-binding letter of intent (LOI) outlining a landmark agreement for equity and token investments — including AlphaTON’s proposed acquisition of a controlling stake in GAMEE, one of Animoca’s most successful Web3 gaming subsidiaries.

ATON price (Source: Yahoo Finance)

The deal positions AlphaTON Capital, a digital asset treasury company focused on building a strategic TON reserve, to accelerate Web3 gaming adoption across the rapidly expanding Telegram ecosystem, which now boasts over one billion monthly active users.

Expanding the TON Gaming Ecosystem

Under the LOI, AlphaTON Capital intends to acquire a 51% equity interest in GAMEE and 51% of GAMEE’s GMEE and Watcoin (WAT) tokens held in its treasury. 

Upon closing, the company also plans to purchase up to $3 million worth of GMEE tokens and $1 million worth of WAT tokens on the open market, further strengthening its digital asset portfolio.

With over 119 million registered users and more than 10 billion gameplay sessions, GAMEE stands as one of the most widely adopted Web3 gaming platforms. On Telegram alone, it has more than 61 million active users, making it a critical entry point for blockchain gaming within the messaging app’s growing decentralized ecosystem.

This acquisition represents a major step in AlphaTON Capital’s strategy to expand gaming integration within the TON network, where seamless Telegram accessibility and mass-market reach could drive a new wave of Web3 adoption.

Strategic Alignment Between Animoca Brands and AlphaTON Capital

Both companies emphasized their shared vision of building an open metaverse through digital property rights and decentralized ownership.

“The potential strategic acquisition of GAMEE by ATON would mark an important milestone for Web3 gaming and the TON ecosystem,” said Yat Siu, co-founder and executive chairman of Animoca Brands. 

“We believe that this deal, if completed, would not only make GAMEE the first Nasdaq-listed Web3 gaming company with gaming assets listed on a major exchange, but also demonstrate how digital asset companies can extend into profitable operating companies such as GAMEE, and use profits to continue to accumulate digital assets.”

Brittany Kaiser, CEO of AlphaTON Capital, highlighted the synergy between TON’s massive user base and GAMEE’s proven engagement metrics.

“The intended strategic acquisition of GAMEE shows our conviction in both the brilliance of its team as well as the high-growth opportunity presented by its user base of over 61 million users on the Telegram platform,” said Kaiser. 

“We believe GAMEE can facilitate the mass adoption of open-source and decentralized technologies such as TON.” 

What the Deal Means for the Industry

If finalized, the acquisition would establish GAMEE as the first Nasdaq-linked Web3 gaming platform deeply integrated with TON’s ecosystem, bridging public markets, decentralized assets, and mainstream user engagement.

The collaboration is part of Animoca Brands’ ongoing expansion strategy, leveraging strategic partnerships to scale Web3 experiences globally — while AlphaTON Capital continues to pioneer new forms of digital-asset treasury management and public market integration for blockchain-native projects.

The transaction remains subject to customary closing conditions and the execution of final definitive agreements.