“The companies plan to tokenize auto loans, with the first portfolios expected to be available by early 2026.”, — write: www.coindesk.com
The agreement marks ETHZilla’s entry into the US asset-backed securities market by using blockchain to tokenize real-world credit, the company said in a press release.
Karus specializes in AI models that analyze loan-level risk, using over 20 million historical auto loan outcomes and thousands of real-time variables.
ETHZilla plans to integrate the technology into its Ethereum-based infrastructure to tokenize the loans, turning predictive credit data into tradable onchain assets. The companies say the first tokenized loan portfolios will be available by early 2026.
The transaction includes $3 million in cash and $7 million in ETHZilla stock. ETHZilla will also gain access to Karus’s network of more than 20,000 US car dealerships, banks and credit unions, the companies said.
Karus, backed by investors including Peter Thiel’s Tacora Capital, has processed over $5 billion in auto loans through its decision engine.
ETHZilla’s shares are up nearly 5% since the opening bell to $11.17. The company holds 94,060 ETH in its treasury, valued at around $290 million.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
View Full Report
Built on Arbitrum, the perpetuals protocol has processed $25 billion in trading volume by offering self-custodial bets on gold, FX and other real-world markets.
- Ostium has raised $24 million in new funding, including a $20 million Series A co-led by General Catalyst and Jump Crypto.
- The Arbitrum-based protocol offers on-chain perpetual swaps tied to equities, commodities, indices and FX.
- The platform has seen $25 billion in cumulative volume with more than 95% of open interest in traditional markets.
Read full story