Ether.fi adds tokenized stocks, metals and Aave-powered portfolio loans in latest ‘neobank’ expansion
60-second summary
Ether.fi is expanding its 'neobank' services by adding tokenized stocks and metals, as well as Aave-powered portfolio loans, to its app, shifting its focus to a broader audience. This move marks a departure from a strictly crypto-forward approach, aiming to attract users beyond the traditional cryptocurrency market, potentially increasing mainstream adoption of decentralized finance.
Etherfi noted its updated app is “less crypto-forward,” and aimed at attracting “a much broader audience.”