ETHZilla turns to real estate tokenization, reaching a $4.7 million housing loan agreement

Ethereum treasury company ETHZilla (ETHZ) is accelerating its layout of asset tokenization, investing $4.7 million to acquire a portfolio of 95 manufactured home and modular housing loans, and plans to tokenize these loans on the Ethereum Layer-2 network, issuing cash flow digital tokens to investors through the regulated trading platform Liquidity.io.

The loan portfolio is secured by a priority lien, with an expected annual yield of about 10%. McAndrew Rudisill, Chairman and CEO of ETHZilla, stated that this transaction is a natural extension of the company's tokenization strategy, as manufactured home loans have stable cash flows and strong collateral assets, making them very suitable for tokenization within a regulated and transparent framework. This move by ETHZilla comes after a significant decline in its core crypto assets, with the company's stock price having dropped over 90% from its peak of $107 in 2025, and last year it sold over $110 million in ETH for stock buybacks and debt repayment. Previously, ETHZilla also invested in the manufactured home loan company Zippy and acquired two jet engine turbines awaiting tokenization, demonstrating its ongoing push towards the tokenization of diverse physical assets.