Crypto World
ETHZilla to Tokenize $4.7 Million in Manufactured Home Loans on Ethereum Layer 2
ETHZilla plans to tokenize the loan portfolio into a cash-flow-generating manufactured home loan token.
ETHZilla has announced its acquisition of a portfolio comprising 95 manufactured and modular home loans valued at approximately $4.7 million, with plans to tokenize these assets on Ethereum Layer 2. This strategic move is aimed at enhancing transparency and accessibility in real estate finance.
The tokenization initiative will be executed through the Liquidity.io ecosystem, with the launch expected in late February or early March.
“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,” said McAndrew Rudisill, CEO of ETHZilla.
ETHZilla’s strategy is designed to meet institutional compliance and reporting standards, crucial for the integration of real-world assets into blockchain systems.
The manufactured housing market is projected to grow significantly, from $45.82 billion in 2024 to $75.1 billion by 2035, driven by affordability and sustainability.
This article was generated with the assistance of AI workflows.