Odaily Planet Daily reports that digital asset company ETHZilla has officially rebranded as Forum and is further advancing its real-world asset (RWA) tokenization strategy. Following the announcement, the company’s stock price rose over 13%, reaching approximately $3.91, the highest in nearly a month.
ETHZilla was originally spun off from biotech company 180 Life Sciences, which was positioned as a publicly traded company focused on Ethereum reserves. In 2025, it raised about $565 million to establish an ETH asset treasury. However, due to Ethereum’s price dropping over 50% since August last year, the company has gradually shifted its strategy from simply holding tokens to an asset allocation focused on cash flow.
In recent months, the company has sold ETH assets multiple times, including approximately $40 million worth of ETH in October last year for stock buybacks, and about 24,300 ETH (roughly $74.5 million) in December to repay debt. Currently, the company still holds about 69,800 ETH, valued at around $145 million, making it one of the world’s sixth-largest enterprise Ethereum holders.
As part of its strategic transformation, Forum recently acquired a batch of modular housing loan assets valued at approximately $4.7 million, with plans to tokenize them on the Ethereum Layer 2 network, targeting an annualized return of over 10%. The company also purchased two aircraft engines, planning to tokenize their issuance through a compliant trading system.
Management stated that future valuation will rely more on income and cash flow generated from the RWA tokenization platform, rather than core metrics like net asset value multiples. Despite the recent stock price rebound, it remains well below the over $100 peak reached in August last year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum spot ETF had a net inflow of $57.012 million yesterday, with none of the nine ETFs experiencing net outflows.
As of March 12, Ethereum spot ETFs recorded a total net inflow of $57.012 million on March 11, 2023, in Eastern Time, with all nine ETFs experiencing no net outflows. Among them, the Fidelity ETF had the highest net inflow at $19.1332 million, with a total net inflow of $2.333 billion. Grayscale Ethereum Mini Trust ETF followed, with a single-day net inflow of $19.0788 million and a total net inflow of $1.842 billion. Currently, the total net asset value of Ethereum spot ETFs is $11.85 billion, with a net asset ratio of 4.75%.
GateNews1h ago
Bitcoin spot ETF net inflow yesterday was $115 million, with BlackRock IBIT leading the charge.
On March 11, the total net inflow of Bitcoin spot ETFs reached $115 million, continuing for 3 days of net inflow. BlackRock ETF IBIT had the highest single-day net inflow at $115 million; Fidelity ETF FBTC had a net inflow of $15.3685 million. Grayscale ETF GBTC, on the other hand, experienced a net outflow of $15.9676 million. The current total net asset value of Bitcoin spot ETFs is $90.886 billion, with a total net inflow of $55.902 billion.
GateNews1h ago
GTC (Gitcoin) increased by 34.89% in the past 24 hours
Gate News Report, March 12 — According to Gate Market Data, as of press time, GTC (Gitcoin) is trading at $0.11, up 34.89% in the past 24 hours, reaching a high of $0.12 and a low of $0.08. The 24-hour trading volume is $6.1 million. The current market cap is approximately $9.95 million, an increase of $2.57 million from yesterday.
Gitcoin is an authoritative reference library for the Ethereum funding ecosystem, focusing on providing reliable directories and reference resources for the funding mechanisms, platforms, case studies, and research of the next-generation internet. The platform integrates contemporary trends such as crowdfunding, AI, Ethereum, open-source software, stablecoins, decentralized networks, participatory budgeting, and 21st-century collective action. Gitcoin offers users over 120 case studies.
GateNews1h ago
AVNT (Avantis) increased by 24.13% in the past 24 hours
Gate News Report, March 12 — According to Gate Market Data, as of press time, AVNT (Avantis) is trading at $0.18, up 24.13% in the past 24 hours. The highest price reached $0.20, while the lowest dropped to $0.15. The 24-hour trading volume is $101 million. The current market capitalization is approximately $58.6 million, an increase of $11.4 million from yesterday.
AVNT is the native utility and governance token of Avantis. Avantis is the largest derivatives exchange on Base, focusing on RWA and crypto asset trading, offering a global market and unlimited leverage trading experience. Users can trade cryptocurrencies, forex, metals, commodities, indices, and other assets directly from their wallets.
The AVNT token is used for protocol incentives, trader rewards, and community-driven development.
GateNews1h ago
MMT (Momentum) 24-hour increase of 27.37%
Gate News Report, March 12 — According to Gate Market Data, as of press time, MMT (Momentum) is currently priced at $0.15, up 27.37% in the past 24 hours. The highest price reached $0.15, while the lowest dropped to $0.11. The 24-hour trading volume is $28 million. The current market capitalization is approximately $30.7 million, an increase of $6.6 million from yesterday.
Momentum is a financial operating system built for the tokenized future, supporting the new era of global finance by tokenizing assets and enabling seamless connection and trading within a single platform. The platform’s core products include Momentum DEX (the core exchange of the Move ecosystem, providing deep liquidity and low fees for trading on Sui), automated yield Vaults, and capital-efficient liquid staking.
GateNews2h ago
XRP Today News: XRPL 2.7 million transactions hit a new high, token price diverges from "decoupling"
XRP ledger's daily trading volume reaches 2.7 million transactions, but the XRP token price remains steady at around $1.37, indicating that increased on-chain activity has not led to new capital inflows. Analysis shows that internal transfers within institutions and automated trading account for a high proportion, failing to create strong buying demand. Breaking through $1.61 is the key to future upward momentum, while the long-term target of $100 requires multiple conditions to align, including widespread institutional adoption and an improved market environment.
MarketWhisper2h ago
