Key Takeaways:
AI-focused asset manager Zerostack Corp. (NASDAQ: ZSTK) announced on Tuesday it secured $107 million in a private financing transaction involving 142.2 million Zero Gravity (0G) tokens.
"This financing significantly expands our digital asset holdings and strengthens our balance sheet for long-term growth in decentralized AI," the company stated in a press release dated March 31, 2026.
The deal implies a price of approximately $0.75 for each 0G token. Investors contributed the tokens to Texas Blocker Corp., a new subsidiary created by ZeroStack, in exchange for 9,104,614 shares. These shares are exchangeable on a one-for-one basis for ZeroStack common stock, valuing the transaction at roughly $11.75 per share.
The transaction positions ZeroStack as a significant holder of the 0G token, directly linking its valuation to the success of the Zero Gravity blockchain ecosystem. The move to redomicile from Toronto to Texas may also signal a strategic shift to a more favorable regulatory environment for digital assets and AI in the United States.
The capital injection will be used to accelerate ZeroStack's expansion into decentralized AI, an emerging field that aims to run artificial intelligence models on distributed blockchain networks rather than centralized servers. By holding a large position in 0G, the native token of the Zero Gravity blockchain, ZeroStack is investing directly in the infrastructure it plans to use.
This move follows a broader trend of AI companies exploring blockchain integration for benefits like censorship resistance, verifiable computation, and novel incentive models. The success of this strategy will heavily depend on the adoption and technical capabilities of the Zero Gravity network, making ZSTK's performance closely tied to the nascent decentralized AI sector. The company also announced the elimination of a prior convertible note, cleaning up its balance sheet as it embarks on this new strategy.
This article is for informational purposes only and does not constitute investment advice.
