{"id":405772,"date":"2025-09-21T14:53:17","date_gmt":"2025-09-21T09:23:17","guid":{"rendered":"https:\/\/dripp.zone\/news\/flora-growth-launches-401m-treasury-to-back-0g-ai-blockchain-crypto-news\/"},"modified":"2025-09-21T14:57:36","modified_gmt":"2025-09-21T09:27:36","slug":"flora-growth-launches-401m-treasury-to-back-0g-ai-blockchain-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/flora-growth-launches-401m-treasury-to-back-0g-ai-blockchain-crypto-news\/","title":{"rendered":"Flora Growth Launches $401M Treasury to Back 0G AI Blockchain &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div data-v-43e640e6=\"\">\n<p data-ct-non-breakable=\"undefined\">Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure.<\/p>\n<p>The move comes through a private placement deal combining $35 million in cash with $366 million in in-kind digital assets, primarily denominated in 0G tokens. As part of the transaction, Flora will rebrand as ZeroStack while retaining its Nasdaq ticker, FLGC, <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/www.newsfilecorp.com\/release\/267268\/Flora-Growth-Corp.-FLGC-Announces-401-Million-Funding-with-a-22.88-Million-Strategic-Investment-from-Defi-Development-Corp.-DFDV-to-Initiate-Groundbreaking-AI-Zero-Gravity-0G-Coin-Treasury-Strategy\" title=\"null\">according<\/a> to a Friday announcement. <\/p>\n<p>Solana (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/solana-price-index\">SOL<\/a>) treasury company DeFi Development Corp. (DFDV) led the deal, alongside Hexstone Capital and Carlsberg SE Asia PTE Ltd, with participation from firms including Dao5, Abstract Ventures and Dispersion Capital.<\/p>\n<p>\u201cWe\u2019re thrilled to partner with FLGC on this fundraise and look forward to driving a deep collaboration between 0g and Solana,\u201d said DFDV CEO Joseph Onorati. Flora will also hold a portion of its treasury in SOL tokens.<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>Flora Growth shares surge 5% on Friday. Source: <\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.google.com\/finance\/quote\/FLGC:NASDAQ?sa=X&#038;ved=2ahUKEwjLkujyp-mPAxUvSfEDHb59IdoQ3ecFegQILxAX\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.google.com\/finance\/quote\/FLGC:NASDAQ?sa=X&#038;ved=2ahUKEwjLkujyp-mPAxUvSfEDHb59IdoQ3ecFegQILxAX\"><em>Google Finance<\/em><\/a><\/figcaption><\/figure>\n<p><em><strong>Related: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/crypto-treasuries-long-term-strategy-survive-hashkey\" title=\"null\"><em><strong>Crypto treasuries with long-term strategy will \u2018survive any market\u2019: Hashkey<\/strong><\/em><\/a><\/p>\n<h2>Zero Gravity trains 107B-parameter AI model<\/h2>\n<p>The investment aims to scale 0G\u2019s AI infrastructure, which can already train a 107 billion parameter model using distributed clusters, a feat that surpasses previous benchmarks from tech giants like Google. 0G claims a 357x efficiency improvement over existing distributed AI frameworks.<\/p>\n<p>Incoming CEO Daniel Reis-Faria described the treasury move as a way for institutional investors to gain equity-based exposure to a \u201ctransparent, verifiable, and privacy-first AI infrastructure.\u201d<\/p>\n<p>Closing is expected by September 26, pending shareholder approval. Certain investors will receive pre-funded warrants tied to the use of 0G tokens in the offering.<\/p>\n<p><em><strong>Related:\u00a0<\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/explained\/bitcoin-as-corporate-treasury-why-meta-amazon-and-microsoft-all-said-no\" title=\"null\"><em><strong>Bitcoin as corporate treasury: Why Meta, Amazon and Microsoft all said no<\/strong><\/em><\/a><\/p>\n<h2>Standard Chartered warns of DAT shakeout as mNAVs collapse<\/h2>\n<p>Digital asset treasury (DAT) firms are <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/digital-asset-treasuries-mnav-collapse-standard-chartered\" title=\"null\">facing mounting pressure<\/a> as market net asset values (mNAVs) across the sector have sharply declined, Standard Chartered said Monday. Once boosted by the success of Strategy\u2019s Bitcoin accumulation model, the DAT boom has stalled, exposing smaller players to growing risks as their valuations sink.<\/p>\n<p>An mNAV above 1 typically enables firms to issue new shares and expand crypto holdings. However, with many DATs now trading below that threshold, access to low-cost capital has dried up, stalling further accumulation and growth. <\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"17870547\"\/><\/p>\n<p>The bank expects sector-wide consolidation, with larger, better-funded players like Strategy and Bitmine emerging as likely winners. Smaller firms struggling with suppressed mNAVs may become acquisition targets.<\/p>\n<p><em><strong>Magazine:\u00a0<\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/ethereum-polkadot-founder-gavin-wood-vitalik-buterin-parity-technologies\/\" title=\"null\"><em><strong>Meet the Ethereum and Polkadot co-founder who wasn\u2019t in Time Magazine<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\" data-ct-non-breakable=\"undefined\" label=\"Subscription Form: Crypto Biz Newsletter\"\/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure. The move comes through a private placement deal combining $35 million in cash with $366 million in in-kind digital assets, primarily denominated in 0G tokens. As part of the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":405773,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-405772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/405772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=405772"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/405772\/revisions"}],"predecessor-version":[{"id":405774,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/405772\/revisions\/405774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/405773"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=405772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=405772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=405772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}