ETHZilla Launches Aircraft Engine Cash Flow RWA Token

Odaily News Nasdaq-listed company ETHZilla (ETHZ) announced that it will launch the Eurus Aero Token I this week. The token will split the monthly cash flow generated from leasing aircraft engines through tokenization, providing investors with on-chain yield exposure.

The token is issued by its subsidiary ETHZilla Aerospace, with the underlying assets being two commercial aircraft engines leased to a "leading U.S. airline." Token holders will receive monthly cash flow distributions from the base rent and usage fees through the ERC-20 token.

ETHZilla is backed by Peter Thiel's Founders Fund. The company was previously known for its Ethereum reserve strategy but has gradually shifted towards Real World Asset (RWA) tokenization since last year. Previously, the company completed a pilot tokenizing assets comprising 95 housing loans.

As the blockchain industry accelerates the on-chain migration of traditional assets, RWA is considered one of the fastest-growing sectors. Ark Invest estimates that the tokenized asset market could reach $11 trillion by 2030, while the current market size is approximately $22 billion.