Ether.FI Rolls Out Crypto Hotel Booking Service because it takes another step toward neobank status
Ether.fi, the restaking protocol became neobank $ 6.8 billion in user deposits.
The firm Pivoted To become a neobank last month, which offers traditional banking services that accompany existing features that are native decentralized finances (DEFI) such as harvesting by restoring Ethereum.
The latest feature is in collaboration with Entravel, a travel platform with thousands of hotel brands worldwide. Users will also receive a 5% cash back for each booking made using Ether.FI Cash Card.
“This integration brings us a step closer to making the crypto available in the day -to -day life,” Mike Silagagagagze, CEO of Ether.Fi, told CoinDesk. “Ether.Fi Cash has allowed users to spend, borrow, and earn their crypto – now they can travel the world with it.”
Data from Dune analytics It is shown that the Ether.FI cash product is already in charge of $ 25 million worth of user deposits, with $ 3.8 million spent and $ 109K rewarded with cash back.
