ETHZilla Acquires 20% Stake in Karus for $10 Million

Reuters12-03 21:01
ETHZilla Acquires 20% Stake in Karus for $10 Million

ETHZilla Corporation has acquired a 20% fully-diluted ownership interest in Karus, Inc., a leading AI platform for auto finance decisioning and portfolio analytics. The transaction was valued at $10 million, comprising $3 million in cash and $7 million in shares of ETHZilla common stock. As part of the deal, ETHZilla plans to integrate Karus's AI-driven underwriting technology into its blockchain infrastructure, facilitating the tokenization of AI-modeled, risk-adjusted auto-loan assets. The partnership aims to bring transparent, on-chain securitization of real-world auto credit investments, with the first tokenized portfolios expected to launch in early 2026.

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