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ZeroStack has reached a $107 million 0G token financing agreement, locking up nearly 21% of the 0G supply
According to GlobeNewswire, Nasdaq-listed company ZeroStack Corp. announced that it has reached a final agreement on a $107 million financing deal anchored by 0G tokens. After the transaction is completed, ZeroStack will hold approximately 21% of the total supply of 0G tokens.
According to the financing terms, ZeroStack will establish a Texas-based company called Texas Blocker to facilitate this transaction. The investors plan to contribute 142,232,948 native 0G tokens (valued at approximately $107 million). Texas Blocker will become a wholly-owned subsidiary of ZeroStack after the share exchange is completed, which is expected to occur around July 5, 2026, but is subject to customary closing conditions and shareholder approval.
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