SurrogateCap

$ethz - the aero engine leases structure - democratizing illiquid assets they prove this, then scale it - first mover advantage - patience people $figr $secz - tokenize already liquid assets liquidity.io/EURUSI

@morr_chad @EthereumYoda514 @ETHZilla_ETHZ Convertible notes usually have a downward reset They avoided massive dilution by redeeming the notes They sold eth for buybacks, redeem notes, and remaining cash to tokenize illiquid assets Better?

$ethz buys two aero engines from Avean Engine Solutions and Aero Engine Solutions will service those engines. No 8k filing on selling more $eth to fund this. Need more details on the EBITDA and cash flow projections seems legit and promising. this is a start. if they can scale, this is unique and has first mover advantage on putting illiquid assets on-chain. $figr $secz are putting already liquid assets on-chain different from what Zilla is focused on Aero Engine is 15 miles from ETHZILLA - CEO is Tyler Norman - background vid on Tyler youtube.com/watch?v=QWOgrg… Avean Engine is 60 miles from ETHZILLA - CEO is David Torres

$ethz - new partner - Tyler Norman - 2 years ago IG vid explaining his background and Aero Engine Solutions business and his affiliate of Avean Engine Solutions ETHZILLA AERO token coming - this is the ground work to show this will scale and bring KARUS and ZIPPY tokens next instagram.com/reel/C4gKb9qud…

$ethz sold 10k ETH at $4k and 24k ETH at $3050 ETH price is currently at $2830 - they should sold all their ETH at 4k what is going on? ETHZILLA is using balance sheet assets to on-chain illiquid assets that bear a high-yield and grow this business for future as first mover advantage

@SurrogateCap they need planes to move the coke dude, where is the $145 million in ethereum ? wtf is going on, are you that fucking stupid? $ETHZ @ETHZilla_ETHZ

$ethz - buying into @ETHZilla_ETHZ is buying into the whole $eth ecosystem. If Zilla is successful ETH will be successful, etc. So there are bigger powers to be to ensure companies like Zilla become successful and grow the RWA tokenization business - it is bigger than just buying ETH and staking it. New financial rails are being built and proponents to this ecosystem will need Zilla to be successful as a first mover to put illiquid assets on ETH L2 This is the BIG message everyone should try to understand. If Zilla is successful they will become the leader in this area, illiquid assets ETH L2s. BIG opportunity This weekend you have huge X accounts chatting Zilla up as they recognize what Zilla is doing as a very important driver for ETH growth - FYI these accounts calling out ETHZ and RWA tokenization illiquid assets on ETH L2s @CryptosR_Us 301k followers @scottmelker 1M followers @coinbureau 1M followers @the_Cryptogeek 8.5k followers @MindMathMoney 11k followers @xCryptoParadise 29.5k followers @ImCryptOpus 19k followers

@ertuchinski @ETHZilla_ETHZ @ManningCapital_ sec.gov/ix?doc=/Archiv…

$ETHZ @ETHZilla_ETHZ pivoted to purchasing and tokenizing RWAs. At the same time declared they will not be providing updates on $ETH holdings. Together, this means they are going to liquidate. Expect a drop in ETH and share price at next ER @SurrogateCap @ManningCapital_

@ManningCapital_ @billgrass1 @ETHZilla_ETHZ really, $aer is a $25b market cap company - would be positive if $ethz has a deal with a company this big. did not hear this - hope it is true we heard Delta deal/contract from you Choi podcast in December

@SurrogateCap @billgrass1 @ETHZilla_ETHZ I think it will be a deal with AerCap $AER and the contract is with the big airline you named for the first token.

$ethz @ETHZilla_ETHZ I believe Zilla share outstanding count is 17.4m there is confusion because the comp plan shares were not removed from registry and equity stakes shares not added to the registry Nov 24 there were 19.2m shares after they cancelled 2.1m shares from buybacks, 19.2m shares included the 4.5m share given to board as part of comp plan shares out should be 17.4m - market cap is 83m $eth at $4000 gives Zilla NAV of $16.10 with 70k eth on balance sheet 19.2m - 4.5m(comp plan) + 2.7m(zippy/satschel/karus) == 17.4m need an update from company on this @kristoffjohnd @M_A_Rudisill

@billgrass1 @ETHZilla_ETHZ my second paragraph is also interesting because it could demonstrate how this business could scale, we need updates from company

@SurrogateCap @ETHZilla_ETHZ Your last paragraph is the most interesting. Delta is one of the big three, with a huge national and international fleet. Love to know where you got that info. Have not heard that before! Thanks.

$ethz also indicted that they will update if they sell more $eth. So far no updates so they still have 69800 eth I think they will be able to utilize the bank warehouse lines for zippy and Karus loans - this may limit how much cash they would need on the balance sheet and try to hold as much eth as possible as an anchor until the cash flow comes from the tokenized assets The aero engine lease token which is with a US airline, Delta, will be coming soon so we will get a better understanding of the mechanics of this all regarding cash needs, revenue, ebitda

@SurrogateCap @ETHZilla_ETHZ Surrogate, the problem I see here is we don’t know how much ETH they have on the balance sheet. They did imply in their shareholder letter that they might sell eth to buy the RWA’s to tokenize. It’s a black box now. Although today’s price action might provide a glimmer of hope🤞

Crystal Heter COO of Tallgrass Energy is on $ethz board. Matt Sheehy(on the right in pic) CEO of Tallgrass Energy was at the Oil Executive meeting(regarding Venezuela Oil business prospects) with President Trump on Friday, Jan 9. Maybe MAC @M_A_Rudisill put Crystal on the Zilla board as they will also tokenize energy infrastructure assets, in future. Matt Sheehy also owns 151k of $ethz shares at the $26.5 PIPE in August.

@ManningCapital_ @SurrogateCap @ETHZilla_ETHZ My thought is, wouldn't the energy sector also be rapidly tokenized? There's also the Venezuelan issue.

@YeolChoeju716 @ETHZilla_ETHZ when I reviewed this closer it seems to be a mistake on fintel and marketscreener sites check $orbs SEC filings and you will see world assets ltd filing with same share count some confusion with $ethz "real world assets" business and "world assets" Ltd investor

@SurrogateCap @ETHZilla_ETHZ Do you know anything about this? I can't find it on the SEC.

@jweil130 @ETHZilla_ETHZ did you review the share count JD ?

@SurrogateCap @ETHZilla_ETHZ Surrogate.My man. Would you go play blackjack in a casino that you knew the cards were rigged? If the answer is no, sell your stock already.

Matt Sheehy is an investor in $ethz, he put in $4m at $26.5 with 151k shares. He sat at the table today with President Trump and large oil executives. @TimSheehyMT helped Matt get a seat at the table? Crystal Heter, of Tallgrass Energy, is on the board of @ETHZilla_ETHZ Will Matt Sheehy help ETHZILLA tokenize Venezuelan assets?

fun fact: Matt Sheehy, the CEO of Tallgrass Energy, an energy infrastructure services provider (the guy on the right, who just intro'd himself at Trump's big oil gathering at the White House)...is the brother of Montana Republican Sen. Tim Sheehy

$ethz @ETHZilla_ETHZ @LiquidityIO @satschel @avichal @daltonan $figr $secz @carlosdomingo @mcagney @paraficapital 's Ben Foreman investor in ETHZILLA, bought 570k shares at the $26.50 PIPE, discusses RWA tokenization - convergence and bridging traditional finance markets on-chain for utility - financial\banking infrastructure is over 50 years old - explains tokenization the interesting use cases Phase 1 was stablecoins\money-markets\treasuries), simple Phase 2 will be utility of tokenized assets(the borrow\collateral) Crypto is very good at being collateral Needs to be outcome based - Growth of RWA tokenization Jan 2024 $8b Dec 2024 $16b Dec 2025 $36b Very early -RWA tokenization in 2025 - moving toward use tokenized assets for collateral smart contracts, next phase -Tokenization of "long-tail" of assets - more interesting tokenizing assets that do not have established capital market access - NOT treasuries or money markets - best way to organize RWA tokenization -- traditional asset partner(Zippy, Karus), the digital asset partner(ETHZILLA), the technology partner(liquidity.io) - 3 areas needed -- legal compliance, micro-structure, operational x.com/TheTieIO/statu…

$ethz @ETHZilla_ETHZ @M_A_Rudisill @JasonNewNW @daltonan @LiquidityIO @ZippyMH Early Q1 MAC says "they will be tapping into the flow of the river" - aero token(airline engine leases) first with big US airline partner - Karus token - Zippy token $eth back above $3000 convert note overhang is GONE revenue and assets under management increase in Q1