Ethereum treasury firm buys jet engines amid tokenization push after selling ETH

2026-01-24 19:24:51

Source: CryptoNewsNet Original Title: Ethereum treasury firm buys jet engines amid tokenization push after selling ETH Original Link: After selling a significant portion of its crypto stash over the past months, Ethereum-focused treasury firm ETHZilla has now added jet engines to its balance sheet.

A Friday filing to the U.S. Securities and Exchange Commission (SEC) shows that the company bought two CFM56-7B24 aircraft engines for $12.2 million through a newly formed subsidiary, ETHZilla Aerospace LLC.

The engines are currently leased to a major airline, and ETHZilla hired Aero Engine Solutions to manage them in exchange for a monthly fee, according to the document. The deal includes a buy-sell option agreement where either party can require the other to buy or sell the engines for $3 million each upon lease expiration, provided the engines remain in proper condition.

While the move may sound odd for an ETH treasury company, buying jet engines and leasing them to aircraft operators is part of the normal aerospace business outside the crypto world.

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