MemeCore Commits $1B in Tokens to ZeroStack
CryptoProwlWed, August 19, 2026 at 7:40 PM GMT+3 2 min read
ZeroStack Corp. (NASDAQ: $ZSTK) has struck a $1 billion crypto contribution deal that would add nearly 926 million MemeCore (CRYPTO: $M) tokens to its balance sheet while giving MemeCore-linked investors a large equity position in the Nasdaq-listed company.
Under the definitive agreement, Puple AI Inc. and Blockcat Pte. Ltd. will contribute 925,925,926 $M tokens, valued at $1.08 each, in exchange for 3.5 million ZeroStack common shares and pre-funded warrants covering up to 36,198,293 additional shares.
The warrants are priced at $25.19 per share, more than 12 times ZeroStack's recent market trading price. Shares tied to the warrants cannot be issued until shareholders approve the transaction under Nasdaq Listing Rule 5635 and will be subject to a lock-up lasting up to 10 years after closing.
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ZeroStack is using the transaction to deepen its exposure to decentralized artificial intelligence alongside its existing 0G holdings. MemeCore operates a Layer 1 blockchain built around meme-driven communities, giving ZeroStack another crypto ecosystem alongside its existing exposure to decentralized AI.
Management said the partnership is aimed at consumer-driven distributed AI, with MemeCore's community serving as a potential distribution layer for future applications.
CEO Daniel Reis-Faria called the agreement "a defining milestone" for ZeroStack and said the company's objective is to become a publicly traded gateway to next-generation digital infrastructure assets.
The relationship will also bring MemeCore principal Rudy Rong into ZeroStack as president. Rong said ZeroStack offers a public-company platform for expanding collaboration between the two ecosystems and attracting greater institutional participation.
The contributed tokens are being valued near their prevailing market price while the ZeroStack equity is being issued at a steep premium to where the stock has recently traded. That leaves shareholders with a proposed billion-dollar digital asset addition, but also a sizable future equity issuance that remains subject to approval.
ZeroStack Corp. (NASDAQ: ZSTK) is currently trading at $2.75 U.S. per share.
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