TLDR
- ETHZilla has acquired a $4.7 million portfolio of manufactured and modular home loans.
- The firm plans to tokenize the loans on an Ethereum layer-2 network.
- The loans are secured by first-lien mortgages and are expected to yield around 10% annually.
- ETHZilla will continue to work with Zippy Loans for servicing the loan portfolio.
- The acquisition reflects ETHZilla’s broader strategy to tokenize real-world assets.
ETHZilla, an Ethereum-based digital asset treasury firm, is expanding its operations into real estate tokenization. The firm has acquired a $4.7 million portfolio of manufactured and modular home loans, planning to tokenize the loans on an Ethereum layer-2 network. The first-lien mortgages secure the loans, which are expected to generate an annual yield of about 10%
ETHZilla’s Move to Tokenize Home Loans
ETHZilla has purchased a portfolio of 95 home loans from Zippy Loans, LLC, a company focused on manufactured home lending. This acquisition is a part of the firm’s broader strategy to tokenize real-world assets, including real estate. Through this transaction, ETHZilla aims to convert the loans into cash-flow-generating digital tokens that will be available on Liquidity.io, a regulated platform for trading tokenized assets.
The loans will continue to be serviced by Zippy, which is a wholly owned subsidiary of Zippy Loans, LLC. ETHZilla’s chairman and CEO, McAndrew Rudisill, emphasized the strategic value of the investment, stating, “Manufactured housing loans offer predictable cash flows and strong underlying collateral, which we believe makes them well-suited for tokenization within a regulated, transparent structure.” The firm is positioning itself to capitalize on the potential of tokenizing stable, cash-generating assets.
ETHZilla Builds on Previous Investments
ETHZilla’s shift to real estate tokenization comes after a turbulent period with its cryptocurrency holdings. The firm has faced a sharp decline in stock value, falling by over 90% since its peak in August 2025. To manage this, the company sold over $110 million in Ethereum last year, using the proceeds for debt repayment and buybacks.
ETHZilla’s venture into real estate tokenization follows earlier investments in the housing sector. In December 2025, the firm acquired a 15% stake in Zippy, the parent company of Zippy Loans, and established a connection with the manufactured housing finance market. With the recent purchase of manufactured home loans and the previous acquisition of aircraft engines, ETHZilla is moving forward with plans to tokenize various types of assets.
ETHZilla’s strategy is to develop a regulated and transparent framework that can tokenize assets across diverse sectors, including aircraft engines and auto loans.
