BREAKING
67d 11h ago

Ethereum Treasury’s ETHZilla Acquires 20% Stake in Karus, Paving the Way for Tokenized Auto Loan Business

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

COINOTAG News, citing Reuters, reports that ETHZilla, the crypto-focused arm of the Ethereum Treasury (DAT), has signed an agreement to acquire a 20% fully diluted equity stake in Karus, an AI platform focused on automotive finance decision-making and portfolio analysis. The deal positions Karus as a strategic analytics partner for lenders and fleet operators within crypto-enabled ecosystems.

The transaction values at $3 million in cash and $7 million in ETHZilla common stock, with closing subject to customary regulatory approvals and due diligence. Post-close, ETHZilla may pursue tokenized auto loan opportunities, leveraging Karus’ analytics to structure securitizations and risk-adjusted lending protocols.

Overall, the deal signals ongoing collaboration between crypto-focused investors and AI-powered credit platforms, as market participants seek scalable data-driven decisions in auto finance. Investors should monitor regulatory developments and Karus’ integration milestones to gauge potential impact on risk-adjusted returns within digital asset-backed lending.

Share News:
Don't Miss Breaking News