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DeFi Development Corp. Announces Strategic Collaboration with ZeroStack in Treasury Accelerator Deal
Globenewswireยท 2025-09-22 09:00
Core Insights - DeFi Development Corp. has announced a strategic collaboration with ZeroStack to enhance its treasury strategy focused on accumulating Solana (SOL) [1][2] - The partnership includes a private placement transaction with Flora Growth Corp., which is expected to rebrand as ZeroStack, involving an in-kind contribution of SOL for a convertible note [2][3] - The collaboration aims to build a bridge to the Solana ecosystem to support decentralized AI applications [3] Group 1: Strategic Collaboration - The collaboration with ZeroStack allows DeFi Development Corp. to provide services such as asset management and technology support while receiving an equity stake in ZeroStack [2] - The convertible note issued by ZeroStack to DeFi Development Corp. is denominated in SOL and offers an 8.0% annual interest rate, payable quarterly in SOL [3] Group 2: Treasury Strategy - DeFi Development Corp. has adopted a treasury policy that allocates its principal holding to SOL, providing investors with direct exposure to the asset [5] - The company operates its own validator infrastructure to generate staking rewards and is actively exploring decentralized finance opportunities [5] Group 3: Future Initiatives - The DFDV Treasury Accelerator aims to support innovative treasury structures in digital assets, with the collaboration with ZeroStack being a key example [4] - An upcoming X Spaces event will discuss recent deals under the Treasury Accelerator program, including insights into strategic franchise arrangements designed to fuel SOL Per Share (SPS) growth [4]