SINGAPORE — Principals of the MemeCore ecosystem, Puple AI Inc. and Blockcat Pte. Ltd., have entered into a $1.0 billion strategic transaction with Nasdaq-listed ZeroStack Corp., according to an announcement on August 20, 2026.
Under the definitive agreement, the MemeCore principals contributed an aggregate of 925,925,926 MemeCore ($M) tokens to ZeroStack. The tokens were valued at their prevailing fair market trading price of $1.08 each, totaling $1.0 billion. In exchange, the contributors received 3,500,000 shares of ZeroStack common stock and pre-funded warrants to purchase up to an additional 36,198,293 shares.
The pre-funded warrants carry an agreed value of $25.19 per share, representing a premium of more than twelve times ZeroStack's recent market trading price. The shares issuable under these warrants are contingent upon approval by ZeroStack shareholders in accordance with Nasdaq Listing Rule 5635 and will be subject to a lock-up period of up to ten years after closing.
Expanding Reach Into Public Markets and Decentralized AI
The landmark agreement bridges the MemeCore ecosystem with public capital markets while broadening collaboration across decentralized artificial intelligence, digital assets, and consumer applications. ZeroStack maintains a focus on providing public-market exposure to decentralized AI infrastructure, including strategic exposure to the 0G ecosystem. The company also operates a global pharmaceutical distribution business through its wholly owned subsidiary, Phatebo GmbH.
Rudy Rong, a principal of MemeCore who is slated to become President of ZeroStack as part of the transaction, stated that the partnership aims to transition internet memes from short-term speculation into lasting economic and cultural value by connecting them with institutional capital and public markets.
Daniel Reis-Faria, Chief Executive Officer of ZeroStack, described the transaction as a defining milestone for the digital asset industry, combining existing 0G holdings with a strategic position in the MemeCore ecosystem to create long-term value for shareholders.
Next Steps and Governance
Following the transaction, MemeCore and ZeroStack intend to explore avenues for ecosystem collaboration, technology integration, and institutional participation. Issuance of the shares underlying the pre-funded warrants remains subject to required shareholder approvals and applicable lock-up provisions.
