ETHZilla sells $114.5M in Ethereum to fund jet engines and blockchain loans
ETHZilla has made bold financial moves in recent months. The firm sold $114.5 million worth of its Ethereum holdings to fund new ventures. Among these was the purchase of two jet engines for $12.2 million through a newly formed subsidiary, ETHZilla Aerospace LLC. The company established this subsidiary to enter the engine leasing market, aligning with its broader strategy of expanding into asset-backed investments. Beyond aerospace, the firm also plans to tokenise traditional loans, including auto and home loans, using blockchain technology.
The sale of Ethereum assets provided the capital needed for these steps. By converting cryptocurrency into liquid funds, ETHZilla secured resources for both immediate purchases and long-term projects.
The $114.5 million sale of Ethereum holdings has already funded the acquisition of jet engines and supports further blockchain-based initiatives. The firm’s focus on tokenising real-world assets suggests a shift toward blending traditional finance with decentralised technology. No verified details about regulatory partnerships were available as of January 2026.
