What Changed
- Forum Markets Announces Joint Venture with Edge Node AI to Deploy Inference AI Compute Across the U.S. at Existing Powered Data Sites and Mobile Communications Towers
- A 96-server reservation gives Forum Markets (FRMM)'s AI venture its first customer contract.
- Forum Edge AI Announces $94.4 Million Definitive AI Cloud Services Compute Agreement with Fireworks
Price Move History
- Daily moves over 5%
- 87 252 sessions, October 30, 2025 to October 30, 2026
- Largest daily move
- +81% close of April 17, 2026
- 1-year change
- -82.8% closing prices, October 30, 2025 to October 30, 2026
- 1-month change
- -26.9% closing prices, September 30, 2026 to October 30, 2026
Company Description
Forum Markets, Incorporated (Nasdaq: FRMM) operates a digital asset platform focused on the tokenization of real-world assets. The company structures cash-generating financial assets for use on blockchain-based capital markets infrastructure, with an emphasis on institutional-grade asset classes and digital instruments tied to contractual cash-flow streams.
Forum's business approach connects traditional asset-finance and asset-management practices with blockchain infrastructure. Its materials describe a model built around originating, financing, warehousing or acquiring real-world assets before bringing those assets onto digital market architecture. The platform is intended to support primary issuance, asset administration and potential secondary market activity for tokenized financial instruments.
Business model and asset focus
The company's real-world asset focus includes credit and finance assets such as consumer credit, equipment finance, auto loans, manufactured housing finance, aviation assets and short-term infrastructure lending structures. Forum has described warehouse financing arrangements and bridge-lending activity as ways to aggregate or finance assets that may later be incorporated into tokenized product structures.
Forum uses blockchain infrastructure, including Ethereum and related Layer-2 scaling protocols, to support issuance and management of tokenized instruments. The company's stated economics include yield from assets before tokenization, tokenization-related activity and potential recurring asset-management fees over time. Its reported business strategy is centered on building infrastructure for alternative assets that have historically been originated, financed and distributed through traditional private-market channels.
Public-company profile
Forum Markets is headquartered in Palm Beach, Florida, and its common stock trades on the Nasdaq Stock Market under the symbol FRMM. The company has undergone a corporate transformation and recapitalization reflected in its public record; filings identify Forum Markets, Incorporated as formerly ETHZilla Corporation and formerly 180 Life Sciences Corp.
As a public company, Forum's corporate updates have included financial results, operational updates, capital actions, governance matters and agreements related to its common stock and digital-asset platform strategy. The company's current identity is defined by real-world asset tokenization, blockchain-enabled market infrastructure and finance assets that can generate cash flows before or alongside digital issuance.
Stock Performance
Forum Markets, Incorporated (FRMM) closed at $3.45 on October 30, 2026. Over the past 12 months, the price has lost 82.8%.
FRMM Metrics & Rankings
Price returns through October 30, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
Forum Markets, Incorporated has 10 recent news articles, with the latest published 5 days ago. Of the recent coverage, 4 articles coincided with positive price movement and 5 with negative movement. Key topics include AI, earnings date, partnership, earnings, acquisition. View all FRMM news →
SEC Filings
Forum Markets, Incorporated has filed 10 recent SEC filings, including 4 Form 8-K, 3 Form SCHEDULE 13G/A, 2 Form 4, 1 Form 10-Q. The most recent filing was submitted on . SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FRMM SEC filings →
Financial Highlights
Forum Markets, Incorporated generated $6.5M in revenue in FY2025, operating income reached -$233.4M, and net income was -$450.5M. Diluted earnings per share stood at -$54.32. The company generated -$26.1M in operating cash flow. The current ratio was 0.33, measuring current assets divided by current liabilities.
Upcoming Events
Q3 2026 Earnings Call
GPU deployment
Year-end 2026 AUM target
Positive cash flow
Cash-flow target
Share buyback expiry
Forum Markets, Incorporated has 6 upcoming scheduled events. The next event, "Q3 2026 Earnings Call", is scheduled for November 12, 2026 (in 12 days). 1 of them is an earnings release or call. 3 of them are financing or capital events, such as a dividend or a debt maturity. Investors can track these dates to stay informed about potential catalysts that may affect the FRMM stock price.
Short Interest History
Short interest in Forum Markets, Incorporated (FRMM) currently stands at 2.3 million shares, up 4.9% from the previous reporting period, representing 30.3% of the float. Since March 2026, short interest has decreased by 23.8%.
Days to Cover History
Days to cover for Forum Markets, Incorporated (FRMM) currently stands at 18.0 days, down 7.4% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Since March 2026, the figure has increased by 156.2%. Across the settlements charted above, it has ranged from 1.0 to 19.4 days.
FRMM Company Profile & Sector Positioning
Forum Markets, Incorporated (FRMM) operates in the Software - Application industry within the broader Technology sector and is listed on the NASDAQ.