BlockBeats News, December 10th, Ethereum Treasury Company ETHZilla Corporation (Nasdaq: ETHZ) announced today that it has entered into multiple agreements with Zippy, Inc. (“Zippy”). Zippy is an institutional-grade modern digital lending platform that aims to tokenize one of America’s most overlooked credit markets — manufactured home loans — in the form of on-chain representation of real-world assets (RWA).
Under the terms of the agreement, ETHZilla will acquire a 15% fully diluted equity stake in Zippy, subject to certain cash compensation terms, for $5 million in cash and $14 million in common stock value (payable to Zippy), while issuing $2.1 million in common stock to certain individual shareholders of Zippy.
Zippy is the first company to introduce modern digital infrastructure and AI-driven systems into the manufactured home loan space. The company originates collateralized loans using manufactured homes on its institutionally scaled platform, which offers real-time data integrity and transparent investor reporting capabilities. Such a foundation can provide a superior experience for homebuyers and sellers and continually generate high-quality assets for investors.
