Ether.fi transforms into a new type of crypto bank, planning to launch staking services for U.S. users

ChainCatcher news, according to CoinDesk, the Ethereum restaking protocol Ether.fi has announced its transformation into a new type of crypto bank (neobank) and plans to launch cash cards and staking services for U.S. users.

Its new application will integrate traditional financial functions with crypto asset management, allowing users to perform operations such as spending, saving, bill payments, and payroll, while also providing ETH restaking rewards. Ether.fi's current total value locked (TVL) is close to 2.7 million ETH (approximately $4.4 billion), marking one of its historical highs.