Re-pledge agreement Ether.fi Plans to increase banking services, launch cash card in the US

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According to CoinDesk from Foresight News, the restaking protocol Ether.fi stated that it plans to add banking services, making it a new DeFi bank. One of the features is Ether.fi's nerstone restaking product, which gives investors the opportunity to earn additional income by staking ETH and receiving liquid staking tokens (LST) that can be staked across the DeFi ecosystem.

In September, Ether.fi launched its own Visa "cash" card, which allows cardholders to spend fiat currency using cryptocurrency as collateral. Although previously restricted due to regulatory requirements, this product and staking services are now available in the United States. After establishing partnerships with local entities to ensure regulatory compliance, it will first be launched in some states.

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