ETHZilla launches a token linked to aircraft engine leases ✈️

An unusual real-asset tokenization case has appeared on the market. ETHZilla, a crypto treasury firm, sold part of its crypto assets to finance a new direction.

With these funds, ETHZilla purchased two jet engines that are already leased to a US airline. In parallel, the company is offering a token linked to those lease contracts as part of its strategic shift toward tokenization.

The key idea is that the product aims to rely on a real asset and active lease agreements rather than only on crypto market dynamics. At the same time, the provided description does not disclose the token mechanics or the legal structure, so the model can be assessed only after details on holders’ rights, transparency, and counterparty risks are known.

Bottom line: ETHZilla sold part of its crypto assets, bought two aircraft engines, leased them out, and launched a token linked to the lease contracts.