ETHZilla to tokenize a portfolio of 95 home loans yielding 10.36% annually as it expands beyond Ethereum treasury management

Core Insights - ETHZilla Corporation has acquired 95 manufactured and modular home loans for $4.7 million, intending to convert this portfolio into a tokenized financial product on an Ethereum Layer 2 network [2][3] - The tokenized portfolio is expected to support on-chain tracking and automated cash-flow distributions, generating an annualized yield of approximately 10.36%, with a launch planned for late February or early March on the Liquidity.io trading platform [3][4] - The transaction is part of ETHZilla's broader strategy to tokenize established, cash-flow-generating assets, leveraging its existing relationship with Zippy Loans, LLC, which will continue servicing the loans [4][6] Company Developments - ETHZilla has launched a wholly owned subsidiary, ETHZilla Modular Mortgage LLC, as part of its recent initiatives [5] - The company is transitioning from pure treasury management to developing a tokenization platform for physical assets, following its acquisition of two aircraft engines for another tokenization experiment [6][7] - ETHZilla has raised $565 million from over 60 investors to establish an ETH token treasury and on-chain yield strategy, reflecting a significant pivot in its business model [6][7]