PANews reported on September 20th that Flora Growth Corp. (NASDAQ: FLGC) announced it had secured $401 million in funding through a PIPE transaction, including a strategic investment of $22.88 million and 0G tokens from Defi Development Corp. The offering was led by DeFi Dev Corp. (the first DeFi Access Token (DAT) designed to accumulate and compound SOL), Hexstone Capital, and Carlsberg SE Asia PTE Ltd (CSAPL), with participation from numerous other firms, including Dao5, Abstract ventures, Dispersion Capital, Blockchain Builders Fund, and Salt. The company is expected to change its name to ZeroStack and retain the stock symbol "FLGC." It will appoint 0G co-founder Michael Heinrich as executive chairman and Daniel Reis-Faria as CEO. The company will use 0G as its primary reserve asset and hold a portion of SOL.PANews reported on September 20th that Flora Growth Corp. (NASDAQ: FLGC) announced it had secured $401 million in funding through a PIPE transaction, including a strategic investment of $22.88 million and 0G tokens from Defi Development Corp. The offering was led by DeFi Dev Corp. (the first DeFi Access Token (DAT) designed to accumulate and compound SOL), Hexstone Capital, and Carlsberg SE Asia PTE Ltd (CSAPL), with participation from numerous other firms, including Dao5, Abstract ventures, Dispersion Capital, Blockchain Builders Fund, and Salt. The company is expected to change its name to ZeroStack and retain the stock symbol "FLGC." It will appoint 0G co-founder Michael Heinrich as executive chairman and Daniel Reis-Faria as CEO. The company will use 0G as its primary reserve asset and hold a portion of SOL.

Flora, a publicly listed company, raised $401 million through PIPE.

2025/09/20 10:44

PANews reported on September 20th that Flora Growth Corp. (NASDAQ: FLGC) announced it had secured $401 million in funding through a PIPE transaction, including a strategic investment of $22.88 million and 0G tokens from Defi Development Corp. The offering was led by DeFi Dev Corp. (the first DeFi Access Token (DAT) designed to accumulate and compound SOL), Hexstone Capital, and Carlsberg SE Asia PTE Ltd (CSAPL), with participation from numerous other firms, including Dao5, Abstract ventures, Dispersion Capital, Blockchain Builders Fund, and Salt.

The company is expected to change its name to ZeroStack and retain the stock symbol "FLGC." It will appoint 0G co-founder Michael Heinrich as executive chairman and Daniel Reis-Faria as CEO. The company will use 0G as its primary reserve asset and hold a portion of SOL.

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Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
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BitcoinEthereumNews2025/09/18 03:14
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CME Group to launch options on XRP and SOL futures

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