Home Flora Growth Secures $401 Million for Zero Gravity Treasury

Flora Growth Secures $401 Million for Zero Gravity Treasury

Share
Morning News
Share

Nasdaq-listed Flora Growth has secured a massive $401 million funding package to launch a new treasury strategy centered around the AI-focused blockchain project Zero Gravity (0G). The company announced that the treasury will support the upcoming launch and ecosystem growth of the 0G token ahead of its highly anticipated airdrop. The funding package includes approximately $35 million in cash commitments and more than $366 million in digital assets tied primarily to 0G tokens.

As part of the strategic shift, Flora Growth plans to rebrand itself as ZeroStack while maintaining its Nasdaq ticker symbol FLGC. The company described 0G as an AI-first blockchain designed to support decentralized artificial intelligence infrastructure at scale. Several major crypto-focused firms, including DeFi Development Corp., Dao5, Abstract Ventures, and Dispersion Capital, participated in the financing round, signaling growing institutional interest in AI-powered blockchain ecosystems.

The announcement has drawn significant attention across the crypto industry due to both the size of the treasury and the timing ahead of the 0G token launch. Supporters believe the funding could provide strong early liquidity and long-term ecosystem support for the project. However, some market analysts have also raised concerns about the structure of the financing, noting that a large portion of the reported treasury consists of in-kind token contributions rather than direct cash investments.

Share

Leave a comment

Leave a Reply

Latest News

News

CME Group Plans Broad Crypto Index Futures Covering Bitcoin, Ether, XRP & Solana

CME Group plans to launch a new crypto index futures product that will let investors get exposure to several major digital assets...

News

Tether-backed Oobit Expands Crypto Payments Network Into Colombia

Oobit has launched its crypto payments platform in Colombia, expanding its reach in Latin America as stablecoin use and crypto payments keep...

News

Dartmouth Discloses $14M Crypto ETF Exposure With Bitcoin, Solana Holdings

Dartmouth College has expanded its exposure to digital assets through regulated crypto exchange-traded funds, adding positions tied to Solana and Ethereum staking...

News

Propy & Milo Launch Crypto Mortgage Platform For Bitcoin-powered Home Buying

Propy and Milo are partnering to create what they describe as the first fully integrated crypto-native home-buying system in the United States,...

Latest Blogs

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career in next generation internet, AI and Web3. The good news...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment. They are created from online comedy, viral trends, and jokes....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Related Articles

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...