Health In Tech Enters Into Non-Binding LOI With AlphaTON Capital To Jointly Develop Hitchain, A Blockchain-Based Healthcare Insurance Claims Platform On The Open Network

Author: Benzinga Newsdesk | September 30, 2025 08:22am

Health In Tech (NASDAQ:HIT), an Insurtech platform company backed by third-party AI technology, today announced the signing of a non-binding strategic Letter of Intent (LOI) with AlphaTON Capital Corp. (NASDAQ:ATON), a publicly traded digital asset treasury and blockchain infrastructure company, to jointly develop HITChain — a blockchain-enabled healthcare insurance claims processing platform built on The Open Network (TON).

HITChain is designed to address one of the largest pain points in U.S. healthcare: claims processing inefficiency, fraud, and opacity. By combining Health In Tech's insurance expertise with AlphaTON's blockchain infrastructure and security protocols, HITChain seeks to establish an immutable, transparent, and efficient claims ecosystem that reduces administrative costs, improves trust among stakeholders, and creates measurable value for employers, providers, brokers, and insurers.

Posted In: ATON HIT