ZeroStack Acquires Significant Stake in MemeCore Tokens for $1 Billion

AI-generated NewsSnap summary based on source reporting.
Published: 2026-08-29
Category: business
Source: CryptoTicker
Original source

ZeroStack Corp. completed a $1 billion acquisition of 40.9% of MemeCore (M) tokens, totaling 925,925,926 units, as detailed in an 8-K filing. The transaction involved ZeroStack issuing its own shares and pre-funded warrants. This significant investment in digital assets and the appointment of MemeCore's former chief growth officer as ZeroStack's president mark a notable strategic move for the Nasdaq-listed company.

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