Eike Batista, the Brazilian businessman known for his previous wealth and legal troubles, has announced a new venture involving a cryptocurrency named $EIKE. This initiative is linked to his project aimed at producing 'supercana,' a genetically enhanced sugarcane variety. Batista has reportedly secured an investment of $500 million for this venture, which is intended to facilitate large-scale production of green jet fuel and food packaging. The project, backed by Brasilinvest, marks Batista's return to the energy sector after a notable absence. The launch of the $EIKE cryptocurrency is designed to attract further investments for the supercane initiative.