Flora Growth put $401M inside AI for Zero Gravity, change ZeroStack name
Flora Growth don show beta plan wey go cost $401 million to back Zero Gravity, one decentralized AI blockchain platform. Di money wey dem get na $35 million cash and $366 million digital assets, mostly 0G tokens. As part of di plan, di Nasdaq company go still hold SOL tokens and change im name to ZeroStack, but e go keep im FLGC ticker.
Di private placement na Solana treasury firm DeFi Development Corp dey lead, with investors like Hexstone Capital, Jardine Matheson Southeast Asia unit, and Carlsberg SE Asia. Zero Gravity infrastructure fit train up to 1.07 trillion-parameter models with claimed 357× efficiency. Di new CEO, Daniel Reis-Faria, talk say di plan go give institutions transparent, privacy-first AI access. Di deal wey make Flora Growth shares price rise by 5%, suppose finish by September 26 if shareholders approve am.
Bullish
Dis news dey good for 0G token market. Di $401 million treasury plan don lock plenty 0G tokens as corporate reserves, wey show say institutional support strong. Combine wit SOL holdings plus di rebrand to ZeroStack, e go boost market confidence plus media exposure. Short term, token demand go rise around di private placement and shareholding vote. Long term, di partnership wit DeFi Development Corp. and high-efficiency AI claims fit drive sustained interest and liquidity for 0G tokens.