ETHZilla prepares for takeoff: How you can now own a piece of a jet engine for just $100
CoinDesk
ETHZilla launched the Eurus Aero Token I, allowing accredited investors to own fractional shares of jet engine lease income for $100 per token.Summary
ETHZilla has introduced the Eurus Aero Token I, tokenizing exposure to commercial jet engine leasing, a traditionally institutional asset, via its ETHZilla Aerospace LLC subsidiary. Accredited investors can purchase tokens for $100 each, representing a claim on monthly lease payments from two engines currently leased to a major U.S. airline, with expected annual returns around 11%. ETHZilla acquired the engines for $12.2 million. The tokens are issued on Ethereum Layer 2s and distributed via Liquidity.io. The leases extend through 2028 and include a buy-sell agreement. This move signifies a strategic pivot for ETHZilla from a crypto treasury focus to tokenizing real-world assets, including home and car loans.
(Source：CoinDesk)