CMC News

#ETHZilla Launches $100 Token Backed by Jet Engines Leased to U.S. Airline

#Crypto treasury firm ETHZilla has introduced a token offering tied to commercial jet engines as part of its shift into real-world asset #tokenization. The company purchased two engines last month for $12.2 million after selling portions of its $ETH holdings.

The Eurus Aero Token I launched Thursday through ETHZilla Aerospace, a new subsidiary focused on aviation assets. Each token costs $100 with a 10-token minimum purchase. The engines backing the offering are currently leased to a major U.S. airline under contracts extending into 2028.

ETHZilla targets an 11% annual return based on lease payments from the airline operator. Chairman McAndrew Rudisill described the project as expanding investment access to markets previously limited to institutional credit firms and private equity players.

The company formerly operated as 180 Life Sciences Corp, a clinical-stage biotech firm, before pivoting to cryptocurrency in July. ETHZilla initially focused on acquiring and holding Ether as crypto #treasury companies gained momentum across the market.

Rudisill stated in December that ETHZilla would move beyond simply holding $ETH to building businesses centered on bringing assets onto blockchain networks. The jet engine token represents the first step in that strategic transition toward #tokenized infrastructure.

ETHZilla plans additional token launches covering home loans, car loans, and other asset classes, according to Thursday's announcement. The company is positioning itself to capture revenue from reserve yields rather than relying solely on third-party stablecoin issuers for its product ecosystem.