Forum Stock Rises Following Shift Away from Ethereum Accumulation

ETHZilla, now rebranded as Forum, has seen its stock price increase by 13% to $3.91, marking its highest level in nearly a month.

This surge comes as the company adapts to the changing cryptocurrency landscape and shifts its focus away from accumulating Ethereum towards tokenizing assets such as real-world loans.

As part of this strategy, Forum has acquired a portfolio of manufactured and modular home loans worth $4.7 million and plans to tokenize these loans on an Ethereum Layer 2 network.