ETHZilla, an American firm that targeted on accumulating Ethereum’s cryptocurrency Ether (ETH), has determined to finish this technique following a drop in its inventory value.
Based on the corporate, yesterday, February twenty fifth, Official identify modified to Discussion board Market Topic to Nasdaq approval, buying and selling will start on March 2, 2026 below the ticker “FRMM.”
This transformation in operations alerts the abandonment of the treasury denominated within the cryptocurrency Ethereum, and will imply a strategic determination to promote a few of its belongings and considerably scale back its publicity to ETH. The objective is to deal with the tokenization of real-world belongings (RWA).
Firm administration defined that the brand new model goals to replicate technological and business evolution. The corporate believes its new identification higher communicates its increasing position as a bridge between conventional finance and crypto-based capital markets.
This transition implies that the main target will now not be on holding belongings whereas remaining throughout the Ethereum community ecosystem. Constructing monetary infrastructure based mostly on tokenization.
“The discussion board is designed to combination, construction, and tokenize high-quality, cash-producing belongings which have beforehand been accessible solely to pick out massive establishments,” the corporate mentioned.
Affect of volatility and inventory market crashes
pure change This can be a direct response to the crypto market decline and inventory market crash.. Ether’s value underwent a 60% correction from its all-time excessive in August 2025, a crash that diminished the corporate’s worth because of the shut correlation between its actions and the value of cryptocurrencies.
Consequently, the corporate’s inventory value has fallen 97% in comparison with its peak in August, falling from a buying and selling value of $174 to its present $3.91, as seen within the graph.
This trajectory was marked by the corporate’s daring makes an attempt to adapt to the market. Simply in August 2025, the corporate shed its previous as biotech firm 180 Life Sciences and reworked into ETHZilla. What was initially a guess to dramatically increase inventory market efficiency fell aside in October’s market correction.
Within the face of this volatility, administration started liquidating a few of its stock to make sure rapid liquidity. Of the utmost 102,237 ETH, the corporate at the moment holds 69,802 ETH, making it the seventh group with essentially the most ether in its treasury worldwide.
Aviation engine as a token
As reported by CriptoNoticias, the transition to real-world belongings started to take form since January, when the corporate introduced the acquisition of two CFM56-7B24 plane engines generally used within the Boeing 737 business plane, one of the crucial well-liked fashions within the world civil aviation sector. On February twelfth, the transition to the discussion board grew to become extra clear as the corporate entered the subsequent stage of execution, together with Eurus Aero Token I.
This tokenized asset is designed to: Offers accredited buyers with entry to lease revenue from two plane engines Bought in January. The corporate says the mechanism permits buyers to realize publicity to plane engines in lease agreements with U.S. airways via tradable digital tokens that characterize contractual income rights.
On this method, the corporate is remodeling its enterprise mannequin in the direction of a month-to-month revenue construction that gives predictability that the volatility of cryptocurrencies can’t maintain.
The corporate staking We elevate funds in ETH contemplating we’ve got sufficient capital to generate income via community validation. Nonetheless, the corporate has most well-liked to distance itself from value threat in pursuit of extra predictable money flows.
