Ethereum Treasury Firm ETHZilla Pivots to Jet Engine Lease Tokenization as ETH Sinks

Publicly traded Ethereum treasury ETHZilla is now participating firsthand in the tokenization trend that some experts say define the future of Ethereum  The firm, through a new wholly owned subsidiary called ETHZilla Aerospace, is offering tokenized access to equity in leased jet engines—that it acquired last week for around $12.2 million—via the Eurus Aero Token I deployed on the Arbitrum layer-2 network. "Offering a token backed by engines leased to one of the largest and most profitable U.S. airlines se ...