DeFi Development Corp. Announces Strategic Collaboration with ZeroStack in Treasury Accelerator Deal

By: DeFi Development Corporation via GlobeNewswire

September 22, 2025 at 05:00 AM EDT

BOCA RATON, FL , Sept. 22, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced a strategic collaboration with ZeroStack, a next-generation Digital Asset Treasury (DAT) focused on accumulating the 0G cryptoasset. 0G is the native token behind the 0G Network, a decentralized AI Layer-1 blockchain that orchestrates hardware resources and software assets to handle AI workloads at scale.

As part of the relationship, the Company participated in a private placement transaction by Flora Growth Corp. (Nasdaq: FLGC), which expects to rebrand as ZeroStack, through an in-kind contribution of SOL in exchange for a convertible note, and also entered into an agreement to provide ZeroStack with services such as asset management, accounting/finance support, and technology services. In addition, the Company received an equity stake in ZeroStack. This relationship with ZeroStack underscores DeFi Development Corp.’s approach of combining strategic collaborations with active participation in the growth of emerging digital asset treasuries.

Through this collaboration, ZeroStack and the 0G network will be building a bridge to the Solana ecosystem to support development of decentralized AI applications across both chains. Additionally, ZeroStack will hold the SOL invested by DFDV on their balance sheet. The convertible note issued to the Company by ZeroStack is denominated in SOL and provides for interest payments to the Company at an 8.0% annual rate, payable on a quarterly basis in SOL.

“The DFDV Treasury Accelerator is designed to back the most innovative treasury structures in digital assets,” said Joseph Onorati, Chief Executive Officer of DeFi Development Corp. “Our collaboration with ZeroStack shows how we can combine strategic capital, operational expertise, and aligned incentives to help shape the future of crypto treasury companies, while continuing to find innovative ways to grow Solana per share.”

X Spaces Event
DeFi Development Corp. will host an X Spaces titled “DFDV Dealmaking: An Update on Treasury Accelerator Initiatives” on Tuesday, September 23, 2025, at 2:00 p.m. ET. The discussion will cover recent deals announced under the Company’s Treasury Accelerator program, including ZeroStack, DFDV UK, and more. Management will provide insights into how these strategic franchise arrangements are designed to fuel SOL Per Share (SPS) growth.

The live event can be accessed at the following link: https://x.com/i/spaces/1mrxmBDWVdZKy

About DeFi Development Corp.
DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (“DeFi”) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) the effect of and uncertainties related to the ongoing volatility in interest rates; (iii) our ability to achieve and maintain profitability in the future; (iv) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (v) changes in the accounting treatment relating to the Company’s SOL holdings; (vi) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (viii) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (ix) other risks and uncertainties more fully in the section captioned "Risk Factors" in the Company's most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:
ir@defidevcorp.com

Media Contact:
press@defidevcorp.com