ETHZilla Acquires 15% Stake in Zippy for $21.1M to Build Institutional Credit Infrastructure

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ETHZilla, an Ethereum treasury management firm, has acquired a 15% stake in Zippy, a digital asset market lending platform, for $21.1 million. The deal includes $5 million in cash, $14 million in common stock to Zippy, and $2.1 million in shares to specific shareholders. Zippy will help ETHZilla build an institutional-grade credit infrastructure for mortgage lending. The move aligns with growing interest in altcoins to watch within the digital asset market.
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