06:04 AM EDT, 09/22/2025 (MT Newswires) -- DeFi Development ( DFDV ) said Monday it contributed Solana in exchange for a convertible note in a private placement with Flora Growth ( FLGC ) , which plans to rebrand as ZeroStack.

The convertible note pays 8% annual interest in Solana, the company said.

DeFi Development ( DFDV ) also acquired an equity stake in ZeroStack and will provide asset management, accounting, finance and technology services, the company said.

Shares of DeFi Development ( DFDV ) were down over 6% in recent Monday premarket trading.

Price: 15.88, Change: -1.05, Percent Change: -6.20