SoFi Launches SoFi Earn (SOFIE), the First and Only National Bank-Issued Tokenized Deposit for Consumers
Business Wire•22/10/2026•08:00 ET
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Key Highlights
- ➤SoFi launches SOFIE, a national bank-issued tokenized deposit for consumers
- ➤SOFIE offers 4.40% APY with FDIC insurance up to applicable limits
- ➤Members can convert SOFIE 1:1 to SoFiUSD for crypto purchases or 24/7 transfers
- ➤SoFi says SOFIE is its fifth new crypto offering in less than a year
- ➤SOFIE rolls out to SoFi Crypto members through November
Expert Statements
Anthony Noto, CEO of SoFi
“Too much money in the digital asset ecosystem is sitting idle, leaving massive potential earnings on the table for millions of people”
Anthony Noto, CEO of SoFi
“We believe your money should keep working for you until the moment you need it. SoFi Earn combines the earning power and protections of a bank deposit with the speed and utility of digital assets, giving people more value, flexibility and control over their money.”
SoFi Launches SoFi Earn (SOFIE), the First and Only National Bank-Issued Tokenized Deposit for Consumers
Members can put their digital dollars to work earning 4.40% APY(1) with FDIC insurance(2), use them to buy crypto or move them 24/7 through SoFiUSD.
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