Ether.fi Adds Tokenized Stocks, Loans, Fiat Accounts — SkimNews
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- Ether.fi launched tokenized stock and metals trading on its DeFi platform, enabling users to trade real-world assets alongside crypto holdings
- Ether.fi introduced portfolio-backed loans through an integrated Aave market on Optimism, allowing users to borrow against their holdings without selling
- Ether.fi rolled out fiat accounts supporting over 30 currencies and payment methods, with deposit and withdrawal access for users who complete identity verification
- Mike Silagadze, Ether.fi's founder and CEO, stated the platform aims to replace traditional banks by offering institutional-grade financial tools via self-custody
- Ether.fi is withholding tokenized stock and metals trading from U.S. users due to regulatory restrictions, though other features remain accessible
- Ether.fi announced automated ETHFI buybacks and 3% cash back on card purchases to incentivize user engagement across its expanded service suite
Why it matters: By bundling staking, lending, fiat onramps, and tokenized real-world assets in one self-custodial app, Ether.fi lowers entry barriers for non-crypto-native users while expanding DeFi’s utility beyond speculation. The exclusion of U.S. users from key features highlights ongoing regulatory friction that limits domestic access to global DeFi innovation.
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