Bank · United States
SoFi
SoFi Bank, N.A. (SoFi Technologies, Inc.) · sofi.com (opens source in new tab)
Crypto readiness score
1/3 status dimensions verified · 1 initiative · last verified 2026-10-23
Only 1 of 3 status dimensions (commercial, regulatory, technical) are verified for this institution; at least 2 are required before a score is shown. We show this rather than guess.
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 35 | Live — commercial, within explicit scope · initiative |
| Regulatory standing | 25 | — | No verified status — not scored |
| Technical delivery | 20 | — | No verified status — not scored |
| Product breadth | 15 | 5 | 1 product category with a verified status: Tokenized deposits |
| Recent verified activity | 5 | 5 | Last verified change 2026-10-22 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Tokenized deposits · United States
SoFi Earn (SOFIE) consumer tokenized deposit
- regulatory
- Unknown
- technical
- Unknown
- commercial
- Live — commercial, within explicit scope2026-10-22
SoFi launched SoFi Earn (SOFIE), a tokenized deposit at SoFi Bank, N.A. earning a variable 4.40% APY with FDIC insurance up to applicable limits, convertible 1:1 to SoFiUSD.
Scope: SoFi Crypto members in the US; rollout through November 2026.
In tracker · last verified 2026-10-23
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
No partner or provider named in our verified sources yet.
Regulator records & actions
Register entries and regulator publications that name this institution.
None in our verified data.
Markets (from stated target markets): United States
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-10-22 · Status
Launch announced; rolling out to SoFi Crypto members now through November.
2026-10-22 · Item
SoFi Technologies (via Business Wire on Nasdaq.com)
Full coverage for SoFi · Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections