DeFi Development Strikes ZeroStack Deal To Drive Solana Into Decentralized AI

Group 1 - DeFi Development Corp. (NASDAQ:DFDV) has partnered with Flora Growth Corp., soon to be renamed ZeroStack, to develop the 0G Network, a decentralized blockchain for scaling AI workloads [1][2] - DFDV has exchanged SOL tokens for a convertible note and equity in ZeroStack, which will also manage the SOL as part of its balance sheet [2][3] - The partnership aims to integrate Solana's ecosystem with 0G's decentralized AI platform, facilitating new AI-driven applications [3][6] Group 2 - ZeroStack is preparing for a rebranding and has announced a private placement to raise digital assets and cash, with notable investors including Hexstone Capital and Carlsberg SE Asia PTE Ltd. [4][5] - The funds raised will be used to expand holdings of the 0G token, which is essential for the 0G infrastructure [5] - Leadership changes have been announced, with Michael Heinrich becoming executive chairman and Daniel Reis-Faria as CEO [5] Group 3 - The 0G Network has demonstrated the capability to train a 107 billion-parameter model using distributed clusters, surpassing benchmarks set by Google's DiLoCo project [6] - The network aims to decentralize AI development and lessen reliance on centralized data centers by integrating storage, compute, and training capabilities [6] Group 4 - DFDV will host an X Spaces discussion on September 23, 2025, to update investors on Treasury Accelerator initiatives, including the collaboration with ZeroStack [7] - Following the news, FLGC shares increased by 135.85% to $64.15, while DFDV shares decreased by 5.38% to $16.02 in premarket trading [7]