DeFi Development Corp. (Nasdaq: DFDV) has made headlines with its recent announcement of a strategic collaboration with ZeroStack, a pioneering Digital Asset Treasury (DAT) focused on accumulating the 0G cryptoasset. The 0G token is integral to the 0G Network, a decentralized AI Layer-1 blockchain designed to manage sophisticated AI workloads effectively.
As part of this strategic alliance, DeFi Development Corp. engaged in a private placement transaction with Flora Growth Corp. (Nasdaq: FLGC), which is expected to rebrand as ZeroStack. This collaboration involved an in-kind contribution of Solana (SOL) from DeFi Development Corp. in exchange for a convertible note. The partnership allows DeFi Development to also provide various support services—ranging from asset management to technology services—underscoring its intent to actively participate in the evolution of emerging digital asset treasuries. Furthermore, DeFi Development Corp. has secured an equity stake in ZeroStack, emphasizing its commitment to fostering innovative growth in this sector.
Through this collaboration, ZeroStack and the 0G Network plan to create a bridge to the Solana ecosystem to facilitate the development of decentralized AI applications across both platforms. ZeroStack will hold the SOL investment made by DeFi Development Corp. on its balance sheet, while the convertible note received is denominated in SOL and guarantees an 8.0% annual interest rate, payable quarterly also in SOL.
Joseph Onorati, CEO of DeFi Development Corp., remarked, “The DFDV Treasury Accelerator is designed to back the most innovative treasury structures in digital assets. Our collaboration with ZeroStack shows how we can combine strategic capital, operational expertise, and aligned incentives to help shape the future of crypto treasury companies, while continuing to find innovative ways to grow Solana per share.”
In conjunction with this announcement, DeFi Development Corp. has scheduled an X Spaces event titled “DFDV Dealmaking: An Update on Treasury Accelerator Initiatives.” This event will take place on September 23, 2025, at 2:00 p.m. ET, where management will provide updates on recent deals, including the partnership with ZeroStack and other strategic arrangements. The live discussion will focus on the initiatives established under the Company’s Treasury Accelerator program aimed at enhancing Solana Per Share (SPS) growth.
DeFi Development Corp. maintains a treasury policy that primarily allocates its reserve to SOL, allowing investors direct exposure to the token while supporting the growth of the Solana ecosystem. The company actively holds and stakes SOL, leveraging its validator infrastructure to generate staking rewards. In a broader scope, DeFi Development Corp. operates an AI-driven online platform serving over a million users annually, connecting the commercial real estate sector via data, software subscriptions, and value-added services.
The announcement concludes with a reminder that it contains forward-looking statements, highlighting the inherent risks and uncertainties associated with these projections, which may significantly differ from actual future outcomes.
