TON Treasury Files $420.69M Meme Shelf Registration
TON’s treasury has submitted a meme shelf registration covering $420.69 million, according to the project’s disclosure on Dec 5, 2025. The filing establishes a formal mechanism for the treasury to access funds or deploy token supply under the parameters of the shelf; specifics on allocations were not included in the initial notice.
The announcement was met with positive sentiment in crypto markets, reflecting optimism about expanded flexibility for liquidity, ecosystem funding, or community programs. Stakeholders should watch for follow-up filings or allocation updates to understand how the treasury will use the shelf and what it means for circulating supply and holder dilution.