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DFDV Strikes ZeroStack Deal, Moves to Launch Solana Treasury in Korea

The company is extending its Treasury Accelerator by pairing SOL-funded financing with local operators to broaden on-chain exposure.

Overview

  • DeFi Development Corp. contributed SOL to Flora Growth, which plans to rebrand as ZeroStack, receiving a SOL‑denominated convertible note paying 8% annually in SOL, an equity stake, and a services agreement.
  • ZeroStack and the 0G network plan a bridge into the Solana ecosystem to support decentralized AI development, and ZeroStack will hold the contributed SOL on its balance sheet.
  • DFDV signed a letter of intent to form DFDV Korea as a Solana Digital Asset Treasury through the acquisition of a publicly listed Korean company, with Fragmetric set to lead operations.
  • Under the Korea LOI, DFDV will obtain an equity interest and establish fee arrangements for asset management, accounting and finance support, and technology services.
  • DFDV reports continued SOL accumulation, with third-party coverage citing holdings above 2 million SOL and a recent 62,745 SOL purchase, and it will discuss the new deals on an X Spaces event on September 23.