Bankless · Friday, August 14, 2026
EtherFi has released a significant update to its neobank application, aiming to attract 'normies' by simplifying crypto interactions. The new version allows users to hold tokenized stocks and metals, offers integrated Aave V4 for earning yield on stablecoins and taking out loans, and supports over 70 currencies for enhanced fiat on- and off-ramps.
“So someone who, genuinely could not know anything about crypto and should be able to navigate it and get all the benefits without really having to have any familiarity with the underlying tech.”
“So we are now changing that to where you will now be able to hold tokenized stocks. So a huge range of tokenized stocks, you'll be able to hold metals. So gold, silver, all that great stuff, along with pretty much any token that you want any like any of the majors that you'd, you know, you'd want to hold.”
“So now you can literally, you can deposit your salary. You'll have a named account, deposit your salary into EtherFi. It goes into your non-custodian account. buy your tokenized stocks, your metals, take out loans, basically do everything. Get a credit card, great cash back, everything you normally need to do for the bank. But now you're a global citizen. You're not tied down to a particular financial institution or government regime.”