ether.fi Summer: The Next-Generation Crypto Neobank

Saving, earning, trading, borrowing, and spending in a single app. The ether.fi Summer release brings together everything – plus, what traditional finance cannot: self-custody, DeFi rates, and tokenized markets.

Until now, the crypto neobank pitch has been: we do what traditional finance does, but on-chain. The ether.fi Summer release is where that stops being the ceiling.

Tokenized stocks and metals. An integrated Aave lending market. Global fiat rails. A redesigned app built for people who have never held a token. It ships today for every ether.fi user, new and existing.

What is new

• Trading. Tokenized stocks are offered through xStocks, alongside metals and other crypto assets. Users can buy natively across chains, with every asset held securely in a non-custodial ether.fi vault protected by social recovery.
• Borrowing. A new integrated Aave market on Optimism allows users to borrow against the value of their entire portfolio, at standard DeFi rates currently around 4%, to spend on the ether.fi Cash card or to send or buy other assets.
• Fiat rails. New on- and off-ramps support over 30 new currencies and payment methods including Cash App, Apple Pay, and Interac, with named accounts for deposits.
• A redesigned app. The new ether.fi app is built for a much broader audience. Less crypto-forward, simpler to navigate, designed for the next wave of adoption that reaches well beyond the crypto-native user.

In addition, the ether.fi app gives users access to best-in-class benefits, including:

• 3% cash back on all purchases made with the ether.fi Cash card

• Hold yield-bearing assets and use them as collateral or spend them directly
• 100+ crypto and fiat transfer options for all members
• Zero FX fees on USD and EUR spending across all membership levels
• Non-custodial

From the team

“With ether.fi, we’re bridging the gap between decentralized finance and everyday financial needs. 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.” — Mike Silagadze, CEO, ether.fi

The new functionality is available to all new and existing users today. Trading in tokenized stocks and metals is not available in the United States and certain other markets.

ether.fi launched in 2024 and helped create the category of non-custodial crypto neobanks. More than half a million members. A $2 billion annual transaction run-rate. And now, a product that goes beyond what any bank* can offer.

Get started →

*ether.fi is not a bank and does not accept deposits or offer FDIC insurance; all assets are self-custodied by the user. Tokenized products are unavailable in the U.S. and certain jurisdictions, and all activity involves risk, including risk of loss and changes to rates or benefits.