Connect with us
DAPA Banner

Crypto World

ETHZilla starts offering tokenized jet engine leasing exposure through newly launched token

Published

on

ETHZilla starts offering tokenized jet engine leasing exposure through newly launched token

ETHZilla (ETHZ) has unveiled a tokenized aviation asset, marking a major step in its plan to bring income-producing real-world assets onto Ethereum.

The new offering, Eurus Aero Token I, gives accredited investors access to lease income from two commercial jet engines currently in use by a major U.S. airline, ETHZilla announced on Thursday.

The deal, run through ETHZilla’s newly formed ETHZilla Aerospace LLC subsidiary, turns a traditionally institutional asset, aircraft engine leasing, into fractional tokens.

Each $100 token represents a claim on monthly lease payments, with expected annual returns around 11%, according to the company. ETHZIlla acquired the jet engines for $12.2 million late last month.

Advertisement

The tokens are issued on Ethereum Layer 2s and distributed through Liquidity.io, a platform that ETHZilla has backed.

Various firms buy and lease jet engines to aircraft operators. The firms lease these engines as spares to ensure their operations can continue in case their primary engines fail. Firms including AerCap, Willis Lease, and SMBC Aero Engine Lease are involved in the business.

This marks a shift from ETHZilla’s prior focus as a crypto treasury. The company sold over $114 million in ETH last year and redirected its capital toward tokenized assets like home loans, car loans and now aerospace equipment. The firm still owns 69,802 ETH ($136.5 million).

The Eurus tokens are secured by the engines, lease contracts and insurance, with distribution built directly into the smart contracts.

Advertisement

The leases run through 2028 and include a buy-sell agreement that could return additional capital to investors at term’s end. ETHZilla plans to expand this model into other asset classes, the firm wrote.

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Franklin Templeton Expands Crypto Arm With CoinFund Deal

Published

on

Franklin Templeton Expands Crypto Arm With CoinFund Deal

Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund.

Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff that runs liquid crypto investment strategies, expanding the asset manager’s digital asset business. The deal will form part of a new unit called Franklin Crypto once it closes.

The move follows CoinFund’s decision earlier this year to spin out its liquid strategies business into 250 Digital as the company sharpened its focus on venture investing.

Christopher Perkins will lead the new Franklin Crypto, and Seth Ginns will serve as chief investment officer alongside Franklin Templeton digital assets veteran Tony Pecore, as the company broadens its crypto investment platform for institutional clients.

Advertisement

The deal will incorporate BENJI tokens, which represent ownership shares in the Franklin OnChain US Government Money Fund (FOBXX), a regulated money market fund tokenized by Franklin Templeton in 2021.

Acquisition involves all liquid strategies previously run by CoinFund

Franklin said the undisclosed transaction includes the 250 Digital investment team and all liquid cryptocurrency strategies previously run by CoinFund, and that it will also invest in those strategies as part of the agreement.

The transaction is expected to close in the second quarter of 2026, subject to the execution of definitive transaction agreements, client consents and other customary closing conditions.

Source: Franklin Templeton Digital Assets

Franklin Templeton’s digital asset arm manages around $1.8 billion in assets and is a major institutional player in the crypto industry, where it has been building a presence since 2018.

The company is known for being one of the first to launch a US-listed spot Bitcoin ETF alongside other major asset managers such as BlackRock in 2024.

Advertisement

Related: Franklin Templeton, Ondo to launch tokenized ETFs with 24/7 trading via crypto wallets

The acquisition comes during a prolonged slump in the crypto market, with Bitcoin down around 45% from its peak above $126,000 recorded in October 2025.

However, Franklin Templeton says the environment is attracting talent and creating opportunities to build long-term infrastructure.

Franklin’s head of innovation, Sandy Kaul, told The Wall Street Journal the recent market selloff helped create an opening to expand.

Advertisement

“This big selloff that we had in the crypto markets is creating a very unique opportunity that really made us all decide that this is the right time to pull the trigger,” Kaul said.

Magazine: A newbie’s guide to surviving crypto winter