Citing Blockchainreporter, crypto treasury firm ETHZilla has acquired a 20% stake in AI startup Karus for $10 million, aiming to tokenize auto loans by integrating Karus’s underwriting AI models into its blockchain stack. The partnership seeks to issue tokenized auto-loan portfolios, leveraging Karus’s data from over 20 million historical loan outcomes and $5 billion in evaluated loans. The first portfolios are expected to launch in early 2026.
ETHZilla Acquires 20% Stake in AI Startup Karus to Tokenize Auto Loans
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