ETHZilla Stock Jumps After Forum Rebrand and Pivot to Tokenized Assets

Shares of ETHZilla rose more than 13% to approximately $3.91 after the company confirmed it will rebrand as Forum, marking a decisive move away from its original Ethereum accumulation strategy. The rally pushed the stock to its highest level in nearly a month, even as it remains far below its peak above $100 reached last August.

The firm, which previously operated as 180 Life Sciences before pivoting to digital assets, raised $565 million in 2025 to build an Ether focused treasury. Early support included backing from investor Peter Thiel, though recent filings show affiliated entities have since exited their position.

Shift From Ether Holdings to Real-World Asset Tokenization

After multiple Ether sales including $40 million in October and roughly $74.5 million in December the company redirected capital toward stock buybacks and debt reduction. It now holds 69,802 ETH, valued near $145 million, ranking it among the largest corporate Ether holders.

Forum is repositioning around cash flow generating assets, recently acquiring a $4.7 million portfolio of manufactured home loans. The loans are expected to be tokenized on an Ethereum Layer 2 network, targeting yields above 10%. The firm has also moved into tokenized aircraft engine assets, signaling a broader push into real-world collateral-backed blockchain finance.

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This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.