No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, September 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Flora Growth Launches $401M Treasury to Back 0G AI Blockchain

by TheAdviserMagazine
1 day ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Flora Growth Launches 1M Treasury to Back 0G AI Blockchain
Share on FacebookShare on TwitterShare on LInkedIn


Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure.

The move comes through a private placement deal combining $35 million in cash with $366 million in in-kind digital assets, primarily denominated in 0G tokens. As part of the transaction, Flora will rebrand as ZeroStack while retaining its Nasdaq ticker, FLGC, according to a Friday announcement.

Solana (SOL) treasury company DeFi Development Corp. (DFDV) led the deal, alongside Hexstone Capital and Carlsberg SE Asia PTE Ltd, with participation from firms including Dao5, Abstract Ventures and Dispersion Capital.

“We’re thrilled to partner with FLGC on this fundraise and look forward to driving a deep collaboration between 0g and Solana,” said DFDV CEO Joseph Onorati. Flora will also hold a portion of its treasury in SOL tokens.

Flora Growth shares surge 5% on Friday. Source: Google Finance

Related: Crypto treasuries with long-term strategy will ‘survive any market’: Hashkey

Zero Gravity trains 107B-parameter AI model

The investment aims to scale 0G’s AI infrastructure, which can already train a 107 billion parameter model using distributed clusters, a feat that surpasses previous benchmarks from tech giants like Google. 0G claims a 357x efficiency improvement over existing distributed AI frameworks.

Incoming CEO Daniel Reis-Faria described the treasury move as a way for institutional investors to gain equity-based exposure to a “transparent, verifiable, and privacy-first AI infrastructure.”

Closing is expected by September 26, pending shareholder approval. Certain investors will receive pre-funded warrants tied to the use of 0G tokens in the offering.

Related: Bitcoin as corporate treasury: Why Meta, Amazon and Microsoft all said no

Standard Chartered warns of DAT shakeout as mNAVs collapse

Digital asset treasury (DAT) firms are facing mounting pressure as market net asset values (mNAVs) across the sector have sharply declined, Standard Chartered said Monday. Once boosted by the success of Strategy’s Bitcoin accumulation model, the DAT boom has stalled, exposing smaller players to growing risks as their valuations sink.

An mNAV above 1 typically enables firms to issue new shares and expand crypto holdings. However, with many DATs now trading below that threshold, access to low-cost capital has dried up, stalling further accumulation and growth.

The bank expects sector-wide consolidation, with larger, better-funded players like Strategy and Bitmine emerging as likely winners. Smaller firms struggling with suppressed mNAVs may become acquisition targets.

Magazine: Meet the Ethereum and Polkadot co-founder who wasn’t in Time Magazine



Source link

Tags: 401MBlockchainFloragrowthLaunchesTreasury
ShareTweetShare
Previous Post

The World According To Martin Armstrong – An Amazon Bestseller

Next Post

Navan files prospectus for Nasdaq IPO

Related Posts

edit post
Bitcoin Price Watch: .24 Trillion Market Cap Faces Technical Crossroads

Bitcoin Price Watch: $2.24 Trillion Market Cap Faces Technical Crossroads

by TheAdviserMagazine
September 22, 2025
0

Bitcoin was priced at $112,686 on Sept. 22, 2025, with a market capitalization of $2.24 trillion and a 24-hour trading...

edit post
Metaplanet Becomes Top 5 Bitcoin Treasury with 3M Buy

Metaplanet Becomes Top 5 Bitcoin Treasury with $633M Buy

by TheAdviserMagazine
September 22, 2025
0

Japan’s Metaplanet expanded its Bitcoin treasury with a 5,419 BTC purchase, making it the fifth-largest corporate holder of the cryptocurrency...

edit post
Metaplanet increases Bitcoin holdings by 5,419 BTC to total 25,555 BTC

Metaplanet increases Bitcoin holdings by 5,419 BTC to total 25,555 BTC

by TheAdviserMagazine
September 21, 2025
0

Key Takeaways Metaplanet, a Japanese public company, bought 5,419 more BTC, raising total holdings to 25,555 BTC. At Bitcoin's current...

edit post
Coinbase Faces Customer Fury — Exec Promises To Do Better

Coinbase Faces Customer Fury — Exec Promises To Do Better

by TheAdviserMagazine
September 21, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase has faced weeks of anger from...

edit post
Argentine central bank intervenes as peso hits record lows

Argentine central bank intervenes as peso hits record lows

by TheAdviserMagazine
September 21, 2025
0

Argentina has once again reached a breaking point, and the central bank has intervened to prop up a plunging peso...

edit post
Ethereum Taker Buy-Sell Ratio Falls Critically Low—What Happened Last Time?

Ethereum Taker Buy-Sell Ratio Falls Critically Low—What Happened Last Time?

by TheAdviserMagazine
September 21, 2025
0

The price of Ethereum had quite a rough performance over the past week, falling from its usual range above the...

Next Post
edit post
Navan files prospectus for Nasdaq IPO

Navan files prospectus for Nasdaq IPO

edit post
Are Private Equity Firms Really Driving Home Prices?

Are Private Equity Firms Really Driving Home Prices?

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
Gold, silver hit fresh highs on Fed easing, Navratri boost; yellow metal up Rs 1,300/10 gm, silver jumps Rs 2,800/kg

Gold, silver hit fresh highs on Fed easing, Navratri boost; yellow metal up Rs 1,300/10 gm, silver jumps Rs 2,800/kg

0
edit post
Key trends, use cases, and what’s next

Key trends, use cases, and what’s next

0
edit post
From K/Year Salary to K+/Month Passive Income

From $20K/Year Salary to $20K+/Month Passive Income

0
edit post
Pepperidge Farm Milano Milk Chocolate Cookies only .36 shipped!

Pepperidge Farm Milano Milk Chocolate Cookies only $2.36 shipped!

0
edit post
How Startups Restore Trust After a Data Breach

How Startups Restore Trust After a Data Breach

0
edit post
Securing AI’s M&A Feeding Frenzy Is On

Securing AI’s M&A Feeding Frenzy Is On

0
edit post
Silicon Valley Democrat Reed Hastings calls Trump’s 0K H-1B visa fee a ‘great solution’

Silicon Valley Democrat Reed Hastings calls Trump’s $100K H-1B visa fee a ‘great solution’

September 22, 2025
edit post
Better Home & Finance doubles after recommendation by Jackson of Opendoor fame

Better Home & Finance doubles after recommendation by Jackson of Opendoor fame

September 22, 2025
edit post
Pepperidge Farm Milano Milk Chocolate Cookies only .36 shipped!

Pepperidge Farm Milano Milk Chocolate Cookies only $2.36 shipped!

September 22, 2025
edit post
Stocks Sag As Last Full Trading Week of Third Quarter Kicks Off

Stocks Sag As Last Full Trading Week of Third Quarter Kicks Off

September 22, 2025
edit post
How to protect your kids from online harm

How to protect your kids from online harm

September 22, 2025
edit post
Bitcoin Price Watch: .24 Trillion Market Cap Faces Technical Crossroads

Bitcoin Price Watch: $2.24 Trillion Market Cap Faces Technical Crossroads

September 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Silicon Valley Democrat Reed Hastings calls Trump’s $100K H-1B visa fee a ‘great solution’
  • Better Home & Finance doubles after recommendation by Jackson of Opendoor fame
  • Pepperidge Farm Milano Milk Chocolate Cookies only $2.36 shipped!
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.