ETHZilla Launches Eurus Aero Token for Aircraft Engine Cashflows
ETHZilla shifts focus from Ethereum treasury to tokenization with its new Eurus Aero Token, enabling fractionalized cashflows from leased aircraft engines.
ETHZilla, a venture supported by Peter Thiel's Founders Fund, has made a significant shift in its business strategy by transitioning from being solely an Ethereum treasury firm to embracing tokenization.
Last year marked this pivotal change as the company introduced the Eurus Aero Token, designed to fractionalize the monthly cashflows generated from leased aircraft engines. This innovative approach allows investors to engage in a new asset class, providing liquidity and investment opportunities in the aviation sector.