
SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users
The Block
Oct 22, 2026, 12:15 PMCrypto
1 min read
SoFi has introduced SOFIE, a tokenized deposit offering 4.4% APY and FDIC insurance for crypto users.
The new offering provides crypto users with a secure way to earn interest on their deposits while maintaining FDIC insurance coverage.
Crypto Integration
Users can convert their tokenized deposits to SoFiUSD, bridging traditional banking with cryptocurrency services.
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SofiUSD
SOFIUSD
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