Forum Markets, Incorporated · NASDAQ:FRMM

Forum Markets — ETHZilla — Investor Presentation (October 2025)

16 slides from Forum Markets's investor presentation, Oct 23, 2025

1. Slide 1: ETHZilla Investing in Private Asset Marketplace

   ETHZILLA INVESTING IN PRIVATE ASSET MARKET PLACE TOKENIZED REAL - WORLD ASSETS STRUCTURED CREDIT PRIVATE EQUITY October 23, 2025

2. Slide 2: What Is Liquidity.io?

   # 2 WHAT IS LIQUIDITY.IO? All - in - One Market Exchange Platform # Liquidity.io is a marketplace for investors and issuers to trade private assets # Ethereum L2 based Tokenized Real - World Assets # Ethereum L2 based Private Equity # Ethereum L2 based Structured Credit Regulatory Compliance # SEC R

3. Slide 3: Deal Structure

   # 3 DEAL STRUCTURE # ETHZilla is purchasing 15% of parent company of Liquidity.io at a $100mm valuation # ETHZilla invested $5mm cash & issued $10mm of restricted ETHZ common shares to parent company of Liquidity.io # ETHZilla has exclusive right to list Ethereum L2 Tokens on the Exchange # ETHZilla

4. Slide 4: Liquidity.io Projected Financial Performance

   # 4 LIQUIDITY.IO PROJECTED FINANCIAL PERFORMANCE 1 # Liquidity.io’s operating cash flow to turn positive in 2026 with revenue from platform adoption # ETHZilla to partner with Liquidity.io to manage budget and accelerate Liquidity.io’s revenue # Liquidity.io revenue to scale rapidly in 2026 with R.F

5. Slide 5: Strategic Alignment with ETHZilla

   # 5 STRATEGIC ALIGNMENT WITH ETHZILLA ETH L2 Yield Tokenize Assets List on Liquidity.io ATS L2 Collateral Stablecoin / Deposit - Token Settlement ETHZilla Strategic Flywheel Where Liquidity.io Accelerates ETHZilla : # Distribution & liquidity: An in - house ATS turns ETHZilla’s tokenized assets into

6. Slide 6: Partnership Expands Reach and Market Verticals

   # 6 PARTNERSHIP EXPANDS REACH AND MARKET VERTICALS Primary Verticals # Banks # Consumer Lenders # Fund Managers # FinTech Lenders # Aerospace # Financial Institutions # Insurance Companies # Private Equity Secondary Funds # Mutual Funds # FinTech Companies # Accredited Retail Investors # Crypto & Ex

7. Slide 7: Market Opportunity

   # 7 MARKET OPPORTUNITY 1 2 4 6 8 11 16 2024 2025 2026 2027 2028 2029 2030 # Global Financial Institutional adoption is accelerating + BlackRock launched BUIDL tokenized fund + Galaxy Digital launched GalaxyOne + Franklin Templeton developed Benji Technology + JPMorgan developed Kinexys Blockchain #

8. Slide 8: Current Market Challenges

   # 8 CURRENT MARKET CHALLENGES Limited Access # Demand for alternative investments is perpetual but there is no centralized marketplace for liquidity # Pre - IPO securities are difficult to trade without established marketplaces Investor Challenges # No liquidity & limited exits # Deal flow controlle

9. Slide 9: Liquidity.io as a Solution

   # 9 LIQUIDITY.IO AS A SOLUTION # Buy & sell fractional interests through one compliant marketplace built for institutional - grade access & liquidity. # Complete KYC, KYB, AML, & e - signatures in minutes. # Investors, issuers, & brokers can join instantly – fully verified & regulation ready. # Lice

10. Slide 10: Benefits Across Stakeholders

    # 10 BENEFITS ACROSS STAKEHOLDERS Investor # Better price discovery, lower fees, more liquidity # Expanded offerings # Access to assets normally reserved for institutions # Frictionless onboarding with quick funding Issuer # Global distribution and greater liquidity # No - code APIs digitize into pr

11. Slide 11: Partnership with R.F. Lafferty & Co.

    # 11 PARTNERSHIP WITH R.F. LAFFERTY & CO. R.F. Lafferty has partnered with Liquidity.io as exclusive online exchange # Exclusive Trading Exchange for the largest broker dealer in Pre IPO Equity # Trade shares in some of the largest private companies in the world on the exchange # Opportunity to Toke

12. Slide 12: Disclaimers and Forward-Looking Statement

    # 12 DISCLAIMERS AND FORWARD - LOOKING STATEMENT Certain of the matters discussed in this Presentation which are not statements of historical fact constitute forward - looking sta tements within the meaning of the securities laws, including the Private Securities Litigation Reform Act of 1995, that

13. Slide 13: Appendix

    ETHZILLA APPENDIX

14. Slide 14: Desktop & Mobile Trading - Liquidity.io

    # 14 DESKTOP & MOBILE TRADING - LIQUIDITY.IO

15. Slide 15: Capital Markets Infrastructure - Liquidity.io

    # 15 CAPITAL MARKETS INFRASTRUCTURE – LIQUIDITY.IO

16. Slide 16: Thank You

    THANK YOU

ETHZilla — Investor Presentation (October 2025) on 6ix