Ethereum treasury ETHZilla (ETHZ) pushes deeper into tokenization with $4.7 million in home loans

ETHZilla, an Ethereum-focused digital asset treasury firm, is expanding its tokenization strategy by acquiring a $4.7 million portfolio consisting of 95 manufactured and modular home loans secured by first-lien mortgages, expected to yield about 10% annually. The company intends to tokenize this portfolio on an Ethereum layer-2 network, making the resulting cash-flow-generating digital tokens available through the regulated broker-dealer Liquidity.io. This pivot to real estate tokenization follows a significant downturn in ETHZilla's core crypto holdings, which saw its stock plummet over 90% from its August 2025 high. CEO McAndrew Rudisill stated that manufactured housing loans are ideal for tokenization due to their predictable cash flows and strong collateral. This move aligns with ETHZilla's broader plan to tokenize various assets, including aircraft engines and auto loans, building upon previous investments in manufactured home lender Zippy.

(Source：CoinDesk)