ETHZilla fractionalizes leased aircraft engine monthly cashflows with its Eurus Aero Token I

ETHZilla, an Ethereum treasury firm pivoting to tokenization, has introduced the Eurus Aero Token I, marking its first effort to fractionalize ownership of leased aircraft engines. This token grants investors exposure to cash flows, including base rent and utilization payments, generated by two commercial jet engines leased to a major U.S. air carrier via ETHZilla Aerospace. These distributions will occur on-chain using an ERC-20 token. This move follows ETHZilla's prior tokenization of home loans and aligns with the broader trend of bringing real-world assets on-chain, which Ark Invest projects could reach $11 trillion by 2030. CEO McAndrew Rudisill stated this transaction is a milestone for bringing income-producing assets on-chain at institutional scale. The token is secured by the engines, lease receivables, and insurance proceeds, with leases extending into 2027 and 2028. Token holders may benefit from both current income and potential residual proceeds at the end of the lease term.

(Source：The Block)