DeFi Development Corp. (DFDV), recognized as the first public company focusing its treasury on accumulating Solana (SOL), has entered into a significant collaboration with ZeroStack, which will be the new identity of Flora Growth Corp. (FLGC). This partnership aims to develop the 0G Network, a decentralized blockchain infrastructure intended to enhance scalability for artificial intelligence workloads.
As part of the agreement, DFDV has provided SOL tokens in exchange for a convertible note and an equity stake in ZeroStack. Additionally, DFDV will extend support services, including asset management and technological solutions. The SOL tokens will be integrated into ZeroStack’s balance sheet, melding capital investment with active operational involvement in managing digital asset treasuries.
The collaboration effectively links the Solana ecosystem with the 0G decentralized AI platform, paving the way for innovative AI-driven applications that can leverage strengths from both networks. Notably, the convertible note also offers an 8% annual return in SOL, underscoring the financial partnership’s strong connection to the Solana network.
In preparation for its rebranding to ZeroStack, Flora Growth announced a private placement aimed at raising additional digital assets and cash. Key investors in this endeavor include Hexstone Capital, Carlsberg SE Asia PTE Ltd., Dao5, and Abstract Ventures, with funds earmarked for increasing holdings in the 0G token, which serves as the backbone of the 0G infrastructure.
The leadership transition accompanying this rebrand sees Michael Heinrich appointed as executive chairman and Daniel Reis-Faria stepping up as the new CEO. The 0G Network has already demonstrated the capability to train a 107 billion-parameter model utilizing distributed clusters over standard internet connections, marking a notable advancement over projects like Alphabet Inc.’s Google DiLoCo.
This decentralized network combines storage, computation, and training resources, with the overarching goal of democratizing AI development and lessening reliance on centralized data systems.
In a bid to keep investors informed, DFDV plans to host an X Spaces discussion on September 23, 2025, to provide updates on its Treasury Accelerator initiatives, including the collaboration with ZeroStack and other projects designed to bolster Solana’s growth.
In market activity, FLGC shares experienced a significant increase of 135.85%, reaching $64.15, while DFDV shares saw a decrease of 5.38%, trading at $16.02 in premarket.
