ETHZilla to Offer Tokenized Mortgages with 10.3% Annual Yield

ETHZilla to offer tokenized mortgages with 10.3% annual yield.

Backed by Peter Thiel, the DAT company ETHZilla acquired a portfolio of 95 manufactured home loans for $4.7 million. This will form the basis for a tokenized product on the Ethereum Layer 2 network.

The instrument will provide on-chain monitoring of cash flows and automatic distribution of funds. The expected yield is 10.36% per annum. Listing on the regulated platform Liquidity.io is planned for late February or early March.

Loan servicing will remain with Zippy Loans, while asset management will be transferred to a new subsidiary, ETHZilla Modular Mortgage LLC. The partnership began last year when the DAT company acquired a 15% stake in the lending service for $21.1 million.

ETHZilla’s head, MacAndrew Rudisill, described the deal as a logical step: mortgages generate predictable income and are well-suited for blockchain integration.

From Treasury to RWA

This is not the company’s first venture into the real-world assets (RWA) sector. Previously, the firm acquired two CFM56-7B24 aircraft engines for a similar tokenization experiment on Liquidity.io.

ETHZilla emerged in August 2025 following the rebranding of the biotech firm 180 Life Sciences. Initially, the company raised $565 million from Electric Capital, Polychain Capital, and other investors to create an Ethereum treasury.

Later, the focus shifted from merely accumulating cryptocurrency to building infrastructure for the tokenization of physical assets.

In December 2025, ETHZilla sold 24,291 ETH worth $74.5 million to settle debt obligations.