Ethereum firm ETHZilla buys jet engines worth $12.2 million after selling large amounts of ETH

ETHZilla purchased two CFM56-7B24 jet engines for 12.2 million USD after selling a significant amount of ETH worth 114.5 million USD. The company’s current stock value has plummeted by 97% since August.

In partnership with Liquidityio, ETHZilla aims to tokenize various real-world assets. The first tokenized offerings are projected to launch in the first quarter of 2026.