TechFlow News, February 12: According to a PRNewswire report, ETHZilla Corporation (NASDAQ: ETHZ), an Ethereum treasury company, launched Eurus Aero Token I through its wholly owned subsidiary ETHZilla Aerospace LLC. This marks the world’s first tokenized real-world asset backed by commercial aircraft engines.
The token is built on an Ethereum Layer 2 network and is backed by two CFM56 commercial jet engines—valued at approximately $12.2 million—leased to major U.S. airlines. Each token is priced at $100, with a minimum purchase requirement of 10 tokens. The target annualized return for holders, assuming holding until lease maturity, is approximately 11%.
ETHZilla stated that this product offers accredited investors access to an asset class traditionally reserved for private aviation leasing funds or large institutional transactions. The token will be exclusively offered via the Liquidity.io ecosystem, structured as an ERC-20 token, with monthly cash flow distributions to token holders.
ETHZilla plans to launch additional tokenized asset classes in the near future, including prefabricated housing loans and auto loans.
