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Thursday, October 22, 2026Updated 15:38 UTC

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SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds

Source: Cointelegraph · Oct 22, 2026 13:13 UTC

Pile of physical souvenir Bitcoin coins — File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7.

Read the full story at Cointelegraph

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