ETHZilla takes stake in Zippy

ETHZilla has entered into definitive agreements with Zippy , a digital lending platform focused on manufactured housing, as part of a broader push to bring real world assets on chain. Under the deal, ETHZilla will acquire a 15% fully diluted stake in Zippy, combining cash and stock consideration, and will gain board representation.

The partnership centers on tokenizing manufactured home chattel loans, a segment of the housing market that has historically been underserved by traditional credit providers. By integrating Zippy’s loan origination and servicing platform with ETHZilla’s blockchain infrastructure, the companies aim to make manufactured home loans available to institutional investors as tokenized assets.

As part of the agreement, Zippy will use ETHZilla affiliated platforms for blockchain infrastructure and tokenization activity tied to its lending operations. The companies plan to aggregate manufactured home loans for future tokenization or securitization, positioning manufactured housing finance as a new on chain credit category.

Founded in 2021, Zippy has grown to a team of around 160 employees, marking roughly 19% year-over-year growth in its workforce. Its insurance agency is appointed with Assurant. The company has raised a total of $78.4 million, including a recent $21 million investment from ETHZilla and an additional $19 million from undisclosed investors.