Ether.fi Adds Tokenized Stocks, Loans, Fiat Accounts
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- Ether.fi launched tokenized stock and metals trading, enabling users to trade real-world assets through its self-custodial app, though U.S. users are excluded from these features
- Ether.fi introduced portfolio-backed loans via an integrated Aave market on Optimism, allowing users to borrow against multiple holdings without selling them
- Ether.fi rolled out fiat accounts supporting over 30 currencies and payment methods, available to users who complete identity verification for its payment card
- Mike Silagadze, Ether.fi's founder and CEO, stated the platform aims to replace traditional banks by offering institutional-grade financial tools through DeFi and self-custody
- Ether.fi will implement automated buybacks of its ETHFI governance token and offer 3% cash back on card purchases to incentivize usage
- Ether.fi supports initial collateral including Ethereum, Bitcoin, Hyperliquid, and ETHFI, with plans to rapidly add more assets as loan backing
Why it matters: By combining tokenized real-world assets, multi-asset borrowing, and fiat onramps, Ether.fi lowers entry barriers for non-DeFi-native users while increasing capital efficiency for existing ones. The exclusion of U.S. users from stock and metal trading highlights regulatory constraints shaping product rollouts, making global availability a key differentiator in competitive DeFi expansion.
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