ETHZilla (ETHZ), a NASDAQ-listed company, is set to launch the Eurus Aero Token I this week, tokenizing cash flows from leasing aircraft engines. The token, issued by ETHZilla Aerospace, will provide investors with on-chain income from two commercial aircraft engines leased to a major U.S. airline. Token holders will receive monthly distributions via the ERC-20 token.
This move marks ETHZilla's continued shift towards tokenizing real-world assets (RWA), following a successful trial involving 95 home loans. Supported by Founders Fund, ETHZilla is capitalizing on the growing RWA sector, which Ark Invest predicts could reach $11 trillion by 2030, up from the current $22 billion.
ETHZilla to Launch Tokenized Aircraft Engine Cashflow
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
