Ethereum treasury company ETHZilla acquires a 20% stake in Karus in a $10 million deal.

Odaily Planet Daily reports that Nasdaq-listed Ethereum-based treasury company ETHZilla Corporation has announced the acquisition of a 20% fully diluted stake in Karus, an AI platform for auto finance decision-making and portfolio analysis. The counterparty will pay $3 million in cash and $7 million worth of ETHZilla common stock. Following the transaction, ETHZilla may explore businesses such as tokenized auto loans. (PRNewswire)