EtherFi, a crypto neobank and Ethereum re-staking protocol with roughly $6 billion in whole worth locked (TVL), has built-in Plume Community’s Nest Vault infrastructure to present customers entry to tokenized real-world asset (RWA) yield.
The combination is centered round Plume’s nBASIS Vault, powered by Superstate’s USCC Fund, which generates income from foundation spreads and worth variations between spot and futures markets throughout a number of cryptocurrencies, together with Bitcoin, Ether, Solana, and XRP.
Deployment will proceed in two phases. EtherFi first reallocates capital to the nBASIS vault, which is then built-in straight into EtherFi’s consumer interface.
“We’re constructing a neobank the place all income streams, whether or not on-chain or off-chain, come collectively beneath one roof. This partnership with Plume and Superstate is a giant step in direction of making that occur,” mentioned an Etherfi spokesperson.
“DeFi yields have gotten more and more compressed in immediately’s market,” mentioned Plume co-founder Teddy Pompriña, including that retail customers registered by way of neobanks like EtherFi are in search of extra sustainable and diversified income streams past native DeFi methods.
Plume’s Nest Vault framework handles compliance, danger parameters, and on-chain reporting to scale back operational overhead.
From restaking to neobank
EtherFi started as a liquid restaking protocol on Ethereum, permitting customers to stake ETH whereas sustaining liquidity by way of eETH tokens. The protocol launched its bank card product in mid-2024, positioning its money card as a part of a broader suite of merchandise designed to assist customers save, make investments, and spend cryptocurrencies with out off-ramping.
CEO Mike Silagadze says the tip aim is to have a whole monetary stack: payroll deposits, financial savings, earnings, and every day bills all inside EtherFi. On this venture, we branded the idea of “defibank”, which blends conventional banking UI with DeFi native yield and non-custodial infrastructure.
EtherFi migrated its money account and card packages from Scroll to Optimism’s OP mainnet in February 2026, bringing over 70,000 energetic playing cards and roughly 300,000 consumer accounts to the superchain as a part of a company partnership with OP Labs.
The Plume integration provides an RWA yield layer, increasing the platform’s choices past native DeFi methods.
This text was written with the assistance of AI Workflow. All of our tales are hand-picked, edited and fact-checked by people.
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