SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users
The Block · Thu, 22 Oct 2026 12:00:00 GMT
Hype 8/100 · Market impact 15/100 · Breaking 45/100
SoFi launched SOFIE, a tokenized deposit that pays 4.4% annual percentage yield and carries FDIC insurance, with an option to convert it into SoFiUSD.