Odaily Planet Daily reports that ETHZilla disclosed in an SEC document that the company, through its newly established subsidiary ETHZilla Aerospace LLC, purchased two CFM56-7B24 aircraft engines for $12.2 million. The engines are currently leased to a major airline. ETHZilla has previously sold at least $114.5 million worth of ETH over the past few months. In October and December of last year, the company sold $40 million and $74.5 million worth of ETH respectively, for stock buybacks and debt redemption. ETHZilla has stated that it will shift towards asset tokenization, planning to collaborate with regulated broker-dealers to bring cash-flow assets such as auto loans and home mortgages onto the blockchain, and expects to launch the first batch of tokenized assets in the first quarter of this year.
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