ETHZilla Corporation announces the acquisition of a 20% interest in Karus, Inc.
Integration of Karus's predictive credit analytics with ETHZilla's blockchain infrastructure for on-chain credit investments
Strategic investment to expand ETHZilla's presence in real-world asset markets
Strategic Transaction
Combining Karus's AI with ETHZilla's blockchain for tokenization of AI-modeled auto-loan assets
Ownership Stake
ETHZilla acquired a 20% fully-diluted interest in Karus through cash and stock agreement
Market Expansion
ETHZilla aims to capture a share of the $1.6 trillion US asset-backed securities market through Karus's network
- The integration with Karus enhances risk forecasting and transparency for loan pools
- ETHZilla's entry into real-world asset markets positions it to meet growing institutional demand for on-chain securitization
The acquisition of Karus positions ETHZilla to lead in bringing real-world credit on-chain, aiming to offer transparent risk-tiered exposure to auto credit with on-chain settlement and analytics.