ETHZilla shifts towards real estate tokenization, reaches $4.7 million housing loan agreement

Ethereum-based treasury company ETHZilla (ETHZ) is accelerating its asset tokenization efforts, acquiring a portfolio of 95 manufactured home and modular housing loans for $4.7 million. The company plans to tokenize these loans on the Ethereum Layer-2 network and issue cash flow digital tokens to investors through the regulated exchange Liquidity.io. The loan portfolio is secured by a senior lien and is expected to yield approximately 10% annualized. ETHZilla Chairman and CEO McAndrew Rudisill stated that this transaction is a natural extension of the company's tokenization strategy, as manufactured home loans have stable cash flow and strong collateral, making them ideal for tokenization within a regulated and transparent framework. This move by ETHZilla comes after a significant drop in its core crypto asset; the company's stock price has fallen more than 90% from its August 2025 high of $107, and it sold over $110 million worth of ETH last year for stock buybacks and debt repayment. Previously, ETHZilla also invested in Zippy, a home loan manufacturing company, and acquired two jet engines slated for tokenization, demonstrating its continued progress in the tokenization of diverse physical assets. (CoinDesk)