ZeroStack secures $107 million in 0G token funding, locking up nearly 21% of the 0G supply.

CoinLive
2026.04.02 12:30
Nasdaq-listed ZeroStack Corp. announced a definitive agreement for a $107 million funding round pegged to its 0G token. Upon completion of the deal, ZeroStack will hold approximately 21% of the total 0G token supply. Under the terms of the funding round, ZeroStack will establish a Texas-based company, Texas Blocker, to facilitate the transaction. Investors will contribute 142,232,948 native 0G tokens (worth approximately $107 million). Texas Blocker will become a wholly owned subsidiary of ZeroStack after the share exchange is completed. The share exchange is expected to close around July 5, 2026, subject to customary closing conditions and shareholder approval. (Globenewswire)