PANews|Feb 10, 2026 00:27
[ETHZilla Tokenizes Monthly Cash Flow from Aircraft Engine Leasing via Eurus Aero Token I]
According to The Block, Ethereum-based asset management company ETHZilla, backed by Peter Thiel's Founders Fund, will launch its first aviation leasing asset token, Eurus Aero Token I, later this week. The token aims to fractionalize the monthly cash flow generated from leasing aircraft engines.
ETHZilla Aerospace, a subsidiary of ETHZilla, has leased two commercial jet engines to a 'major U.S. airline,' and the cash flow generated (including base rent and usage-based payments) will be distributed on-chain to token holders via ERC-20 tokens. Token holders will receive cash or immediately available funds based on the status of distributable funds. Eurus Aero Token I will be collateralized by a portfolio of assets, including aircraft engines, related lease receivables, reserves, and insurance proceeds. The associated lease agreements will run through 2027 and 2028 and include a $3 million sale/purchase option.
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