Ether.fi adds tokenized stocks, metals and Aave-backed loans to its app
DeFi & Yields ·
The platform is broadening its Summer neobank product beyond crypto to include equities, precious metals and portfolio-based borrowing through Aave.
Ether.fi has updated its app to let users trade tokenized stocks and metals alongside existing crypto features, while introducing portfolio loans powered by Aave, according to The Block. The company described the redesigned app as "less crypto-forward," saying the changes are meant to attract "a much broader audience" than its existing user base.
The expansion positions Ether.fi's Summer product as a broader alternative to traditional banking rather than a purely crypto-native tool. Corroborating coverage in the same cluster frames the move as an effort to widen DeFi's appeal by packaging tokenized stocks, metals, fiat accounts and Aave-based borrowing into a single app, rather than treating each as a separate crypto feature set.
The Aave-powered portfolio loans allow users to borrow against holdings within the app, extending Aave's lending infrastructure into a retail-facing product rather than a standalone DeFi interface. Decrypt similarly reported the addition of tokenized stock trading alongside fiat accounts and Aave-based borrowing, describing the update as a move beyond Ether.fi's original staking focus.
The changes reflect a broader pattern of DeFi platforms adding tokenized real-world assets and credit products to compete with conventional financial apps. By combining equities, metals, fiat accounts and borrowing in one interface, Ether.fi is aiming to reduce the friction that has kept mainstream users away from crypto-native platforms, according to the reporting.
Not yet detailed is how the tokenized stocks and metals are custodied or issued, what borrowing limits or collateral requirements apply to the Aave-powered loans, or which markets and user regions the expanded app currently supports. It also remains unclear how quickly non-crypto users are adopting the redesigned product compared with Ether.fi's existing base.