ZeroStack Announces $107 Million Financing Deal Anchored by 0G Tokens

According to GlobeNewswire, 0G Labs announced a $107 million financing agreement that would give ZeroStack about 21% of 0G’s total token supply through a planned corporate transaction.

Summary

According to GlobeNewswire, 0G Labs announced an official $107 million financing agreement with Nasdaq-listed ZeroStack Corp. involving about 142.23 million native 0G tokens. The transaction would give ZeroStack roughly 21% of the total token supply. The announcement also states that Texas Blocker Corp. is expected to become a wholly owned subsidiary around July 5, 2026.

Terms & Concepts
  • Native token: A blockchain network’s primary digital asset, used within its ecosystem for functions such as payments, incentives, or governance.
  • Token supply: The total amount of a cryptocurrency or token that exists or is scheduled to exist under a project’s issuance structure.