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Ethereum Firm ETHZilla Pivots to Aerospace, Acquiring Jet Engines Amid Tokenization Push

Ethereum Firm ETHZilla Pivots to Aerospace

Written by Dario Cesaro
Updated over 2 months ago

Ethereum treasury firm ETHZilla has made a significant strategic shift, selling a substantial portion of its Ether holdings to acquire two CFM56-7B24 aircraft engines for $12.2 million. This move, executed through its newly formed subsidiary ETHZilla Aerospace LLC, marks a departure from its core crypto treasury operations into the physical asset market, signaling a broader ambition to tokenize real-world assets.

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