ETHZilla Buys Jet Engines in $12.2M Tokenization Push

Crypto News Business

ETHZilla Buys Jet Engines in $12.2 Million Push Toward Tokenized Assets

Written by Aaron S.,

Editor-In-Chief

Last Updated: January 26, 2026

Key Takeaways

ETHZilla sold part of its crypto holdings and spent $12.2 million to buy two leased jet engines through its new unit, ETHZilla Aerospace LLC;
The engines, already generating income from a major airline lease, mark ETHZilla’s first step into real-world asset tokenization;
CEO McAndrew Rudisill said the company will focus on bringing aerospace assets like engines and airframes on-chain to earn steady returns.

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ETHZilla Buys Jet Engines in $12.2 Million Push Toward Tokenized Assets

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ETHZilla, a company that manages Ethereum ETH $2,910.68 -based funds, has started expanding into real-world assets.

After selling part of its crypto holdings, the firm purchased two commercial jet engines for $12.2 million in cash, according to a regulatory filing on January 23.

The deal was completed through a new branch called ETHZilla Aerospace LLC.

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The engines are already leased to a major airline, which allows ETHZilla to earn income from the start. This marks the company’s first step toward turning physical assets into on-chain investments.

In a December statement, chairman and CEO McAndrew Rudisill said the company aims to move beyond simply holding Ethereum.

He explained that ETHZilla plans to “build an operating business to bring real-world assets (RWA) on-chain through tokenization".

Rudisill also shared that the company will begin with aerospace equipment, including aircraft engines and airframes. He said, "Members of our leadership team and board have deep relationships in the aerospace industry, which we are leveraging to build an initial pipeline of assets to tokenize without the need for additional partnerships".

The purchase supports ETHZilla’s plan to generate consistent returns from tokenized physical assets.

ETHZilla Corporation has acquired a 20% ownership interest in Karus, Inc., an artificial intelligence (AI) company that builds tools for auto finance analytics and lending decisions. What is the goal of the acquisition? Read the full story.