Forum Markets is an early-stage fintech company building a platform to tokenize real-world assets (RWAs) — taking traditional income-generating assets like auto loans, manufactured home loans, and equipment leases, and representing ownership of those assets as digital tokens on Ethereum-based blockchain networks. The core business model aims to connect three activities: sourcing traditional financial assets, structuring them into tokenized investment products, and distributing those products to investors through digital capital markets infrastructure. Distribution is expected to occur primarily through Liquidity.io, an SEC-registered alternative trading system in whose parent Forum holds a 15% stake. Forum has taken equity stakes in auto loan originator Karus and manufactured home loan originator Zippy to access credit origination pipelines. Forum's intended revenue streams include net yield on held assets, origination and structuring fees, asset management fees, and transaction fees from secondary trading — none of which are currently generating material revenue. The company has also held significant ETH on its balance sheet, deploying it through staking and DeFi protocols to generate yield, though Forum has sold the large majority of its ETH holdings as it shifts toward the RWA strategy. Forum is a very small team with four employees and four contractors, has a history of rapid pivots across biotech and online gaming, and renamed itself Forum Markets in early 2026. The RWA tokenization platform remains under development.