# Ether.fi Rolls Out Crypto Hotel Booking

**Published:** 2026-08-14T00:53:12.968Z  
**Topic:** Ether.fi  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/a6eccd03-a9cf-4fc0-9394-fa6ba1e6a84d

Ether.fi launches crypto hotel booking with 5% cash back, managing $6.8 billion in user deposits, as it takes another step towards neobank status with a new

Ether.fi, a restaking protocol turned neobank, has announced the rollout of Ether.Fi Hotels, a feature that lets users book luxury hotels around the world using their Ether.fi Cash cards, with 5% cash back for every booking made [1]. This move is part of the company's efforts to make crypto usable in everyday life, with $6.8 billion in user deposits and a Cash product managing $25 million worth of user deposits.

| At a glance | |
|---|---|
| User Deposits | $6.8 billion |
| Cash Product Deposits | $25 million |
| Cash Back | 5% |
| Partnership | Entravel travel booking platform |

## What drove the move
The latest feature is in partnership with Entravel, a travel booking platform that has thousands of hotel brands across the world [1]. Users will also receive 5% cash back for every booking made with the Ether.fi Cash card. According to Mike Silagadze, CEO of Ether.fi, "This integration brings us one step closer to making crypto usable in everyday life" [1]. Ether.fi's Cash product is already managing $25 million worth of user deposits, with $3.8 million being spent and $109K being rewarded in cash back [1].

## The competitive picture
Ether.fi is positioning itself as a neobank, offering traditional banking services coupled with its existing native decentralized finance (DeFi) features like yield via Ethereum restaking [1]. The company's website states that users can save, grow, and spend their crypto through one connected experience [2]. The current circulating supply of Ether.fi is 973,468,000, which is 97% of its max supply of 1,000,000,000 ETHFI [5].

| Token Metrics | |
|---|---|
| Circulating Supply | 973,468,000 |
| Max Supply | 1,000,000,000 |
| Market Cap | ₹40.57B |

## What to watch
* The performance of Ether.fi's Cash product, which is already managing $25 million worth of user deposits [1]
* The impact of the partnership with Entravel on Ether.fi's user base and revenue [1]
* The regulatory environment for crypto neobanks, which could affect Ether.fi's ability to operate and expand its services [3]

The rollout of Ether.Fi Hotels is a significant step towards making crypto usable in everyday life, but it remains to be seen how users will respond to this new feature and how it will affect the company's bottom line. With $6.8 billion in user deposits and a growing range of services, Ether.fi is positioning itself as a major player in the crypto neobank space [1].

## Sources
1. Blogchain — [Ether.fi Rolls Out Crypto Hotel Booking Service As It Takes...](http://blogchain.info/post/ether-fi-rolls-out-crypto-hotel-booking-service-as-it-takes-another-step-towards-neobank-status)
2. Ether — [Save, Grow, Spend. Do more with your crypto | ether.fi](https://www.ether.fi/)
3. Cryptorank — [Get more information about hotels in the crypto industry | CryptoRank.io](https://cryptorank.io/news/tag/hotels)
4. Ru — [Ether.fi запустил сервис бронирования отелей с криптовалютными...](https://ru.coinalertnews.com/news/2025/05/30/08e780b0c949607111eb3b0ab57ec3db)
5. Coinbase — [ether.fi Price, ETHFI Price, Live Charts, and... - Coinbase India](https://www.coinbase.com/en-in/price/ether-fi-ethfi)
6. Blog — [Ether.fi Launches Cryptocurrency Hotel Booking Service in Its...](https://blog.rialcenter.com/ether-fi-launches-cryptocurrency-hotel-booking-service-in-its-journey-toward-neobank-status/)

---
Cite as: TrendWatcher, "Ether.fi Rolls Out Crypto Hotel Booking", https://www.trendwatcher.in/article/a6eccd03-a9cf-4fc0-9394-fa6ba1e6a84d