ETHZilla has introduced a new tokenized aviation asset called Eurus Aero Token I, enabling accredited investors to share in lease revenue generated by two commercial jet engines. This initiative allows investors direct participation in the aviation sector, which was previously limited to large players. Eurus Aero Token I represents fractional ownership of the jet engines in digital token form, granting investors a share of the stable, long-term income derived from engine leasing—a business considered profitable as airlines often lease engines instead of purchasing new ones. Traditionally reserved for institutional investors, ETHZilla’s approach opens this opportunity to small and medium investors. By leveraging blockchain technology, the ownership of these assets is digitized, enhancing transparency and allowing investors to monitor their investments easily. This development may pave the way for tokenization of other aviation assets, creating new investment avenues, though investors should remain aware of industry-specific risks and market uncertainties.
Source: coindesk