ETHZilla, an Ethereum-based crypto treasury company, acquires 20% stake in Karus
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ETHZilla, an Ethereum-based crypto treasury company, acquires 20% stake in Karus
According to PRNewswire, ETHZilla Corporation (NASDAQ: ETHZ), an Ethereum-based digital asset treasury (DAT) company, announced the acquisition of a 20% fully diluted equity stake in Karus, an artificial intelligence-powered auto financing platform, for $10 million. The acquisition aims to integrate Karus's AI-driven underwriting technology into ETHZilla's blockchain infrastructure to tokenize risk-adjusted auto loan assets through AI modeling.
Navigating Web3 tides with focused insightsTechFlow news, December 3 — According to PRNewswire, ETHZilla Corporation (Nasdaq: ETHZ), an Ethereum-based digital asset treasury (DAT) company, announced the acquisition of a 20% fully diluted equity stake in Karus, an artificial intelligence-powered automotive finance platform, for $10 million. The acquisition aims to integrate Karus's AI-driven underwriting technology into ETHZilla's blockchain infrastructure to tokenize risk-adjusted auto loan assets through AI modeling.
