21.09.2025 07:36

In a significant strategic pivot, the Nasdaq-listed firm Flora Growth has initiated its transformation into ZeroStack, a move backed by a newly secured $401 million treasury. This substantial funding is dedicated to advancing Zero Gravity (0G), an ambitious blockchain project engineered to power a decentralized artificial intelligence infrastructure.

This transformative deal was facilitated through a private placement, comprising $35 million in cash and a substantial $366 million in in-kind digital assets, predominantly in the form of 0G's native tokens. Spearheading the investment round was DeFi Development Corp. (DFDV), an entity with significant ties to the Solana (SOL) ecosystem, with further participation from prominent investors such as Hexstone Capital and Carlsberg SE Asia.

At the core of this new venture, the Zero Gravity project aims to revolutionize AI development by providing decentralized solutions. According to information released by internet sources, the platform already boasts the successful training of a massive 107 billion-parameter AI model and claims an extraordinary 357-fold improvement in efficiency for distributed AI training compared to conventional frameworks. Despite the comprehensive rebranding, the company will maintain its public listing on the Nasdaq exchange under its existing ticker, FLGC.