Workflow
Eurus Aero Token I
icon
Search documents
ETHZilla Launches Tokenized Jet Engine Lease Product
Yahoo Finance· 2026-02-13 09:33
Core Insights - ETHZilla has launched its first tokenized aviation product, the Eurus Aero Token I, marking a strategic shift from a crypto treasury model to managing on-chain real-world assets [1][5] - The offering allows accredited investors to hold fractional ownership in two CFM56 jet engines leased to a major US airline, aiming to democratize access to institutional-grade aviation finance [2][3] Product Details - The Eurus Aero Token I is priced at $100 per unit with a minimum purchase requirement of 10 tokens, targeting an 11% annualized return over a lease term extending into 2028 [4] - The tokens are backed by the physical value of the engines, lease receivables, and a $3 million put/call option per engine exercisable upon lease maturity [4][5] Operational Shift - The purchase of the engines for $12.2 million was funded by liquidating a portion of the company's Ether treasury, indicating a deeper integration of DeFi infrastructure with traditional finance models [5] - ETHZilla plans to expand its on-chain portfolio to include manufactured home loans and auto loans in the near term, reflecting a broader trend in the industry towards institutionalizing tokenized assets [6]
X @CoinMarketCap
CoinMarketCap· 2026-02-13 07:18
LATEST: ✈️ ETHZilla is launching a token called Eurus Aero Token I on the Arbitrum network that gives investors tokenized access to income from two jet engines it leases to a US airline. https://t.co/XmW9B3CWwM ...
Ethereum Treasury Firm ETHZilla Pivots to Jet Engine Lease Tokenization as ETH Sinks
Yahoo Finance· 2026-02-12 19:07
Core Viewpoint - ETHZilla is actively engaging in the tokenization trend by offering tokenized equity in leased jet engines through its subsidiary ETHZilla Aerospace, marking a significant step in the application of blockchain technology in aviation assets [1][2]. Group 1: Tokenization and Investment Opportunity - The Eurus Aero Token I provides tokenized access to equity in jet engines leased to a major U.S. airline, showcasing a practical application of blockchain for aviation assets with predictable cash flows [2]. - The token is available to accredited investors on Liquidity.io, with a targeted return rate of approximately 11% if held until the lease term ends in 2028 [3]. - Each token is backed by a collateral package that includes aircraft engines, lease receivables, reserves, and insurance proceeds, ensuring security for investors [4]. Group 2: Market Performance and Shareholder Value - ETHZilla's shares have increased by around 5% recently, trading at $3.40, although they remain down 31% over the past month [5]. - The company has been exploring ways to enhance shareholder value, including a $250 million share buyback program initiated in late August due to declining share prices [6].
ETHZilla Announces First Ever Tradable Tokenized Aviation Assets on Ethereum Network Secured by Jet Engines on Lease with a Leading U.S. Air Carrier
Prnewswire· 2026-02-12 14:00
Core Insights - ETHZilla Corporation has launched the Eurus Aero Token I, a tokenized real-world asset instrument that allows investors to gain exposure to aircraft engines leased to a leading U.S. air carrier, marking a significant milestone in the tokenization of cash-flow-generating assets [1] Group 1: Product Launch and Structure - The Eurus Aero Token I is designed for accredited investors, providing direct exposure to asset-backed cash flows from leased commercial jet engines, which were acquired for approximately $12.2 million [1] - Each token is priced at $100 with a minimum purchase of 10 tokens, targeting an approximate return of 11% based on the full lease term [1] - The tokenization utilizes Layer 2 protocols on the Ethereum network, enabling on-chain verification and automated distributions, thus modernizing access to income-producing assets [1] Group 2: Operational Framework - The engines are leased to a major U.S. airline, generating monthly cash receipts that include base rent and utilization-based payments, which will be distributed to token holders [1] - The lease agreements extend until 2028, providing defined cash flows, and the engines are currently unlevered, with no expected debt to enhance yield [1] - Maintenance and servicing of the engines will be handled by the air carrier, with post-lease services provided by Aero Engine Solutions [1] Group 3: Future Plans and Market Position - ETHZilla aims to expand its tokenization framework to additional asset classes, including manufactured home loans and car loans, leveraging existing partnerships [1] - The company positions itself as a pioneer in bridging traditional finance with blockchain technology, creating a new asset class that combines regulatory stability with blockchain efficiency [2]