Wu said that ETHZilla announced the finalization of an agreement with digital lending platform Zippy, aiming to tokenize U.S.-manufactured home loans on the blockchain and acquire a 15% stake in Zippy for approximately $21.1 million, including $5 million in cash and about $16.1 million in stock. The two parties will integrate ETHZilla's tokenization infrastructure with Zippy's lending and service platform to provide on-chain manufactured home loan products for institutional investors.
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Wu said that ETHZilla announced the finalization of an agreement with digital lending platform Zippy, aiming to tokenize U.S.-manufactured home loans on the blockchain and acquire a 15% stake in Zippy for approximately $21.1 million, including $5 million in cash and about $16.1 million in stock. The two parties will integrate ETHZilla's tokenization infrastructure with Zippy's lending and service platform to provide on-chain manufactured home loan products for institutional investors.