metals trading

Ether.fi

2026-08-13 14:40:17

Ether.fi Adds Tokenized Stocks, Metals Trading and Portfolio Loans in Push to Become Crypto Bank

Ether.fi, a DeFi platform calling itself a "self-custody crypto bank," made a major expansion on Aug. 13 by adding tokenized stocks, precious metals trading, and portfolio loans that let users borrow against their holdings without selling their crypto. The portfolio loan service is powered by the Aave lending protocol on Optimism. Alongside that, Ether.fi launched a fiat account supporting more than 30 currencies and payment methods, introduced automatic buybacks of its ETHFI token, and began offering 3% cashback on card spending. Founder and CEO Mike Silagadze said the company's goal is to replace traditional banks for most users, giving them the tools and advantages previously reserved for institutional clients. As a caveat, tokenized stock and metals trading are temporarily unavailable in the U.S. and certain other markets. The platform currently reports more than 500,000 members and $2 billion in annualized transaction volume. Its clear strategy is to use self-custody, on-chain infrastructure to replicate a full banking stack — deposits, lending, card spending and investing — in the crypto world. Combined with its Cash crypto card, Ether.fi is expanding toward becoming a neobank for crypto users. That places it in direct competition with conventional banks as well as other crypto platforms that issue cards.

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RWA perpetual

2026-07-09 21:00:13

RWA Perpetuals Surge to 4.9% in 90 Days, Pressuring Traditional Futures

Binance Research says crypto-native RWA perpetuals rose from 0.2% to 4.9% of comparable traditional futures volume in 90 days, with strong gains across gold, silver, equities, and oil-linked products.

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