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The Crypto Neobanking Surge

A new wave of neobanks are combining banking services and bankless self-custody for crypto users.
The Crypto Neobanking Surge
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Crypto is building its own – better – banks.

From EtherFi to Plasma and beyond, teams are working to bridge crypto balances to real-world spending through cards, savings accounts, and all the financial services you'd expect from a bank. They're pushing beyond all of that too.

It makes a lot of sense. As financial services platforms that provide traditional banking features — saving and spending — packaged neatly into digital platforms (most commonly mobile apps), neobanks fit well into crypto’s digitally-native and semi-nomadic user base.

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David Christopher

Written by David Christopher

653 Articles View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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