ETHZilla, a crypto treasury company, has launched a token offering access to equity in jet engines leased to a US air carrier. Each Eurus Aero Token I is priced at $100, with a minimum purchase of 10 tokens, targeting an 11% return rate by 2028. ETHZilla shifted from a biotech company to buying Ether in July. Chairman Rudisill aims to modernize fractional asset ownership through tokenization.

ETHZilla purchased two jet engines for $12.2 million in January after selling off some of its ETH stash. The company plans to tokenize additional asset classes, including home and car loans. Some crypto execs predict significant growth in tokenized RWAs by 2026, driven by adoption in emerging economies. Over $24 billion in RWAs is currently on-chain.

In September, ETHZilla held 102,246 Ether valued at roughly $443 million. Ether’s price has fluctuated between $1,872 and $2,130 in the last seven days. Strategic Ether reserves list ETHZilla as holding over 93,000 Ether worth $188 million, while CoinGecko estimates the stash at around 69,802 Ether worth $136 million.

Read more at Cointelegraph: ETHZilla Shifts Strategy With Tokenized Jet Engine Offering