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Forum Markets, Incorporated

Forum Markets, Incorporated, a financial technology company, develops a blockchain-based platform focused on the acquisition, structuring, and tokenization of real-world assets worldwide. The company facilitates decentralized finance (DeFi) transactions and asset digitization across multiple Layer 2 Ethereum networks. It also provides tokenization solutions, DeFi protocol integration, blockchain analytics, traditional-to-digital asset conversion gateways, and other DeFi services. It serves financial institutions, businesses, and organizations. The company was formerly known as ETHZilla Corporation and changed its name to Forum Markets, Incorporated in February 2026. Forum Markets, Incorporated is headquartered in Palm Beach, Florida.

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Aerospace & Aviation

Forum Markets Targets AI Compute and Aircraft Engines for Cash Flow Growth

Forum Markets outlined a strategy to acquire cash-generating real-world assets, with aircraft engines currently its largest deployment area and an AI compute project expected to launch late in the fourth quarter and provide a significant portion of the company's 2026 revenue outlook. The company has acquired five CFM56 engines under rental contracts with major U.S. airlines, and management targets $18 million to $22 million in 2026 revenue, $100 million to $175 million in year-end assets under management, and cash-flow positivity in early 2027. Forum also detailed partnerships in modular-home financing with Zippy and auto credit with Karus, while retaining tokenization as a longer-term option to broaden investor access.
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FRMM

Forum Markets Q2 revenue falls to $1.4 million

Forum Markets reported second-quarter revenue of approximately $1.4 million, down from $2.9 million in the first quarter, as the company continued to shift its strategy toward income-producing real-world assets, expanded its aircraft-engine portfolio and outlined plans for an AI compute deployment expected to begin generating revenue in the fourth quarter. Chairman and Chief Executive Officer McAndrew Rudisill said the company is focused on acquiring and managing cash-flowing assets in markets with durable demand, while preserving the option to tokenize those assets as the market for tokenized real-world assets develops. Forum used approximately $31.3 million during the second quarter to repurchase about 7.1 million shares at an average price of $4.42 per share, including fees, reducing shares outstanding to approximately 13.2 million. The board extended the repurchase program through June 30, 2027, set aggregate authorization at $100 million and approved additional repurchase methods, including derivative transactions. Forum reported a net loss from continuing operations of approximately $12.4 million, improving from a $77.5 million loss in the first quarter, and reaffirmed full-year 2026 revenue guidance of $18 million to $22 million.
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