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

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

Table of Contents

Flora Growth, which is attached to the NASDAC list, launched a $ 401 million initiative to support zero gravity (0G), a Blockchain project that focuses on operating the decentralized infrastructure of the prosecution.

This step comes through a special employment deal that combines $ 35 million in cash with $ 366 million in in -kind digital assets, which were designed primarily with 0G symbols. As part of the deal, the FLORA brand will restore Zerostack with the Nasdaq, FLGC, FLGC. According to To announce Friday.

Solana (TellerDefi Development Corp.

“We are happy to partner with FLGC in these donations and look forward to a deep cooperation leadership between 0g and Solana,” said Joseph Onurati, CEO of DFDV. Flura will also hold part of her wardrobe in Sol Tokens.

Flora growth shares rise 5 % on Friday. source: Google Financing

Related to: “Hashkey”: Hashkey

Zero Gravity Trains 107B-Parameter Ai Model

Investment aims to expand the 0G infrastructure of artificial intelligence, which can already train a parameter model of 107 billion using distributed groups, an achievement that exceeds previous standards of technology giants such as Google. 0G claims an improvement in efficiency 357X on the current distributed artificial intelligence frameworks.

The CEO of Daniel Reis-Faria described the steps of the Treasury as a means of institutional investors to gain stock-based exposure to “transparent infrastructure, verification and first privacy of privacy.”

It is expected to be closed by September 26, pending the approval of the shareholders. Some investors will receive pre -financing orders associated with the use of 0G codes in the offer.

Related to: Bitcoin as a Corporate Treasury: Why did Meta, Amazon and Microsoft say no

Standard warning Carted from Dat Shakeout with the collapse of mnavs

Digital Treasury Companies (DAT) Facing installation pressure Standard Chartard said on Monday that the net values ​​of net assets (MNAVS) throughout the sector had decreased sharply. Once it was strengthened by the success of the Bitcoin Strategy Tartier model, the Dat Boom stopped, exposing two smaller players to the increasing risk with Doluations Doot.

MNAV usually enables more than 1 companies to issue new shares and expand encryption possessions. However, with many DATS circulation now below, access to low -cost capital has dried up, which increased accumulation and growth.