ETHZilla acquires 15% of Satschel, Inc. (parent of Liquidity.io) for $15M—a strategic early position as leaders like Figure and Securitize achieve multi-billion valuations and prepare for the public markets.
ETHZilla has entered a strategic partnership with Liquidity.io LLC, a FINRA/SIPC member broker-dealer, and its platform for tokenized private markets and digital securities offerings. The transaction includes a 15% stake in Satschel, Inc. (Liquidity.io’s parent) for $15M ($5M cash, $10M equity). Together, we’re aligning broker-dealer market infrastructure with institutional-grade tokenization to open private markets to broader, compliant participation.
Access to private-market opportunities; supervised KYC/AML onboarding; clear disclosures; pledges on upcoming raises; potential liquidity.
Asset issuance requests reviewed before listing; supervised workflows; access to primary raises and secondaries; data and reporting.
A compliant marketplace with trackable distribution, supervision features, and clear revenue-share mechanics (subject to eligibility and approvals).
Two category leaders—Figure and Securitize—have been reported at multi-billion valuations and are moving toward public listings. Against that backdrop, ETHZilla’s $15M investment for 15% of Satschel/Liquidity.io implies an ~$100M valuation, giving ETHZilla exposure to potential exchange economics (volumes, listings, data, and services) as the market scales.
Platform | Model | Public/IPO Trajectory | Reported Valuation Context |
|---|---|---|---|
Figure | Tokenization + rails | Preparing for public | Multi-billion |
Securitize | Digital-securities issuance & trading | Preparing for public | Multi-billion |
Liquidity.io | Broker-dealer platform + lifecycle tools | Private | ~$100M implied (15% = $15M) |
