Ether.fi rolls out next-generation neobank services

Ether.fi, one of the leading crypto neobanks, announced its Summer release, the next generation of its fintech product. The expansion will bring tools for savings, earning, trading, borrowing, and seamless spending, aiming to replace traditional banking services. 

The Summer release will use the capabilities of decentralized systems, going beyond the possibilities of traditional finance and not just replicating its services. 

The latest Ether.fi release will tap the latest trends in on-chain trading, to include tokenized stocks, metals, and the most active crypto assets. The user-facing app will integrate Aave, allowing users to lend their assets and borrow against their portfolio as collateral. 

‘With ether.fi, we’re bridging the gap between decentralized finance and everyday financial needs,’ said Mike Silagadze, CEO of Ether.fi.

‘Our goal is to replace the traditional bank for most users and give them tools and benefits that were previously available only to institutions and high-net-worth individuals. That is the power of DeFi and self-custody,’ he said.’

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