ETHZilla Corporation, a technology company bringing decentralized finance infrastructure to traditional finance, has agreed to acquire a minority stake in Zippy as the two companies push to move manufactured home loans onto public blockchain rails as tokenized real-world assets.
Under the agreements, ETHZilla will take a 15% fully diluted ownership interest in Zippy.
The consideration totals $21.1mn, split between $5mn in cash, $14mn in ETHZilla common stock payable to Zippy subject to cash true-up provisions, and $2.1mn in common shares issued to certain Zippy shareholders.
The investment gives ETHZilla direct exposure to a segment of U.S. housing finance that has remained largely private and under-served.
Zippy operates a digital lending platform focused on manufactured housing, a market ETHZilla estimates at roughly $14bn in annual financial services volume, according to Beinsure.
Zippy is one of the fastest growing home loan origination platforms in manufactured housing. Competing on superior service and an established tech moat, Zippy’s mission is to secure dominance in the market via technology driven disruption.
ETHZilla chairman and chief executive officer McAndrew Rudisill said the platform’s data architecture and servicing model support institutional scale and on-chain distribution, opening a new category of collateral for tokenization. Manufactured housing, he said, fits both affordability needs and yield profiles sought by investors.
For ETHZilla, the deal marks a move beyond infrastructure and into residential credit. The company plans to extend its tokenization framework into home lending, positioning itself as a specialist in on-chain housing finance with limited competition at scale.
The strategy leans on securitization logic rather than retail crypto mechanics. That distinction matters.
Zippy co-founder and chief executive officer Ben Halliday said ETHZilla’s blockchain stack allows Zippy to convert chattel loans into a technology-driven investment product.
He framed the partnership as a way to open investor access to a market historically dominated by private lenders while supporting one of the lowest-cost paths to homeownership in the U.S.
Zippy builds technology that makes financing faster, more transparent, and more affordable. The company partners with institutional investors to bring capital to an underserved market and expand home ownership access for millions of Americans.
Founded in 2019, Zippy was among the first lenders to apply modern digital infrastructure and AI-enabled systems to manufactured housing finance.
According to Beinsure, the company originates secured loans backed by manufactured homes and services them through a platform built for institutional reporting, real-time data integrity, and compliance. The model targets consistency over volume spikes.
Borrowers interact with Zippy through an online platform that links buyers directly with sellers, including community partners and manufactured home retailers.
Automation shortens closing timelines, reduces origination costs, and tightens credit controls. Zippy says the system improves both borrower access and investor transparency, a combination rarely achieved in this corner of housing finance.
The transaction deepens ETHZilla’s broader push into tokenized real-world assets.
The company is building an ecosystem designed to place assets such as auto loans, structured credit, equipment, and real estate onto the Ethereum blockchain through regulated, institutional infrastructure. Zippy adds a housing credit layer to that stack.
ETHZilla’s earlier investments include Liquidity, a FINRA-regulated alternative trading system for tokenized private credit, and Karus, an AI-driven analytics firm focused on structured auto credit.
Zippy now joins that lineup, expanding the platform’s reach into residential lending tied to manufactured homes.
As part of the deal, ETHZilla and Zippy agreed to aggregate manufactured home chattel loans for tokenization or securitization.
For 36 months after closing, all blockchain issuance and tokenization tied to Zippy’s operations must run exclusively through the Liquidity and Satschel platforms. Institutional investors are expected to access loans through forward-flow arrangements.
ETHZilla will also appoint a director to Zippy’s board. According to Beinsure, the structure signals a shift from experimentation toward asset-backed execution. On-chain housing finance remains niche, but manufactured housing may be where it scales first.
Read more on Beinsure – Insurance, Reinsurance, InsurTech Insights
