ETHZilla, a company formerly focused on holding Ethereum, has launched a token offering fractional ownership in two commercial jet engines. The Eurus Aero Token I is priced at $100 per token, with a minimum purchase of 10, and targets an 11% return based on engine leases extending to 2028. This marks a strategic pivot for the company into tokenizing real-world assets.
ETHZilla has launched a token offering access to equity in jet engines it acquired last month. The company said the Eurus Aero Token I is backed by two engines leased to a leading U.S. air carrier.
Each token is priced at $100 with a minimum purchase of 10 tokens. The company is targeting an 11% return rate based on holding for the full term of the leases, which extend into 2028.
ETHZilla was formerly a biotech firm called 180 Life Sciences Corp before pivoting to buying and holding Ether in July. Chairman and CEO McAndrew Rudisill said the project “expands investment access and modernizes fractional asset ownership in markets that have historically been available only to institutional credit and private equity.”
Rudisill added that it “serves as a strong use case in applying blockchain infrastructure to aviation assets with contracted cash flows.” The company purchased the two jet engines for a combined $12.2 million in January.
In December, Rudisill said ETHZilla is moving away from just holding ETH. The aim is to build a business that brings assets on-chain through tokenization.
The company is also planning to launch tokens for additional asset classes like home and car loans. Some crypto executives have predicted significant growth for tokenized real-world assets in 2026.
Over $24 billion in real-world asset value is estimated to be on-chain as of a recent Friday, according to RWA.xyz. This spans more than 846,808 holders.
In a September SEC filing, ETHZilla disclosed it held 102,246 Ether at an average price of roughly $3,948. That stash was valued at approximately $443 million at the time.
Ether’s price has fallen with the broader crypto market recently. One tracking service lists ETHZilla as holding over 93,000 Ether worth more than $188 million.
Another estimate from CoinGecko places the company’s stash closer to 69,802 Ether. That would be worth about $136 million.
