FORUM MARKETS Inc

Forum Markets, Incorporated (Nasdaq: FRMM), formerly known as ETHZilla Corporation and originally 180 Life Sciences Corp., operates as a financial technology company focused on developing infrastructure that supports the origination, financing, and distribution of real-world assets through blockchain-enabled capital markets. The company's website is https://forum-markets.com.

The company's core business strategy centers on integrating traditional financial asset markets with blockchain-based infrastructure to enable the tokenization of income-generating real-world assets such as consumer credit, equipment finance assets, and contractual cash-flow streams. Forum Markets utilizes blockchain infrastructure, including Ethereum and related Layer-2 scaling protocols, to support the issuance, management, and secondary trading of tokenized financial instruments. The company's integrated platform connects asset origination platforms, institutional financing sources, regulated digital asset infrastructure focused on cash-flowing assets, and global growth-oriented capital markets.

Forum Markets generates revenue through multiple channels including asset yield and financing income from acquired or financed real-world assets, tokenization and structuring fees from creating and managing tokenized financial products, and asset distribution and capital markets activities related to placement and management of tokenized offerings. The company has strategically focused its initial efforts on specific asset classes including auto loans, manufactured home loans, aerospace equipment, and land and commercial real estate.

The company holds significant digital asset holdings consisting primarily of Ethereum and liquid staking tokens. As of December 31, 2025, the fair value of combined digital asset holdings totaled approximately $242.6 million. The company deploys its Ethereum across staking, lending, and advanced decentralized finance protocols to generate yields through partnerships with entities like Electric Capital and liquid restaking leaders including Puffer and etherFi.

Forum Markets has established strategic partnerships with Karus, Inc. and Zippy, Inc. to expand access to high-quality, scalable credit assets. The company also owns a 15 percent fully-diluted stake in Liquidity.io, an SEC-registered alternative trading system operated by a regulated broker-dealer, which serves as the primary distribution channel for tokenized income products. As of December 31, 2025, the company employed four individuals and engaged four dedicated contractors.