Ether treasury ETHZilla pivots to real estate tokenization with a $4.7 million housing loan deal

ETHZilla’s shift toward tokenization comes after a sharp downturn in its core crypto holdings. What to know : ETHZilla has acquired a $4.7 million portfolio of 95 manufactured and modular home loans that it plans to tokenize on an Ethereum layer-2 network. The loans, secured by first-lien mortgages and expected to yield about 10 percent annually, will be turned into cash-flow-generating digital tokens. The move deepens ETHZilla’s shift from traditional crypto holdings toward a broader tokenization strategy following steep stock declines and selling ether.(Coindesk)