From crypto rewards cards to neobanks with EtherFi, Gnosis and Ready

The Crypto Beat · November 26, 2025, 8:04AM EST · 44:55

In episode 49 of the Crypto Beat, Tim Copeland was joined by Gnosis Co-Founder Stefan George, EtherFi CEO Mike Silagadze, and Ready Co-Founder Itamar Lesuisse to break down how cheap L2s, new fiat rails and self-custody are turning high-reward “crypto cards” into full-blown global neobanks that can realistically challenge Revolut, Amex and traditional banks.

OUTLINE
00:00 – Introduction
02:37 – Bridging DeFi to daily spend
03:58 – Why demand is surging
08:17 – Neobank revenue model
13:04 – Cost of issuing cards
15:04 – Regional issuance hurdles
19:00 – New user segments
22:27 – What is a crypto neobank
26:28 – Fixing crypto UX
32:27 – Cost and global scale edge
37:40 – Power of composability

The Block Newsletters
The Block’s newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠theblock.co/newsletters⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Guest links:
Stefan George – https://twitter.com/StefanDGeorge
Gnosis – https://twitter.com/gnosis_
Mike Silagadze – https://twitter.com/MikeSilagadze
EtherFi – https://twitter.com/ether_fi
Itamar Lesuisse – https://twitter.com/itamarl
Ready – https://twitter.com/ready_co

Are you hiring in crypto?
Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test.
Faster hiring, stronger teams.
Sign up for a trial today: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠theblock.co/campus⁠

Related articles

Related podcasts