Ether.fi Expands Neobank Services with Tokenized Stocks and Metals Trading

Ether.fi has expanded its non-custodial neobank services, incorporating tokenized stocks and metals trading, Aave-powered portfolio loans, and enhanced global fiat payment options.

The project's 'Summer' release allows users to buy tokenized equities and commodities through xStocks, hold them in self-custodial vaults with social recovery, and borrow against their full portfolios at DeFi rates currently near 4% to fund spending on the ether.fi Cash card or other transfers.

Ether.fi CEO Mike Silagadze stated that the updated app is 'less crypto-forward' and aimed at attracting a broader audience, bridging the gap between decentralized finance and everyday financial needs.