Skip to content
CryptoBanking.news

Evidence record

SoFi Launches SoFi Earn (SOFIE), the First and Only National Bank-Issued Tokenized Deposit for Consumers

Read the item · published 2026-10-22

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-10-23 17:36 UTC
Archived snapshot
SHA-256 0edca562ef3cc1136b767951caf98050a049e7fbd1c50987921df9b2d9310c34 · fetched 2026-10-23 · Wayback Machine copy ↗
Saved excerpt around the quote (source text, 2026-10-23)
… Consumers Published Oct 22, 2026 8:00am EDT linkedin facebook x email reddit Members can put their digital dollars to work earning 4.40% APY1 with FDIC insurance2, use them to buy crypto or move them 24/7 through SoFiUSD. SAN FRANCISCO --(BUSINESS WIRE)-- SoFi Technologies, Inc. (NASDAQ: SOFI), the everything app for digital financial services, today announced the launch of SoFi Earn (SOFIE), the first and only national bank-issued tokenized deposit for consumers. SoFi members can now earn interest on digital dollars while keeping them ready to use, representing the company's fifth new crypto offering in less than a year. This press release features multimedia. View the full release here: https://www.business …
Change log (4)
  1. 2026-10-23 Newsroom 2026-10-23 eve: +MAS/BNM/BOT BLOOM cross-border digital money (Tier 1, MAS media release); bank-negara-malaysia, bank-of-thailand entities; verify snap (b20c97d)
  2. 2026-10-23 Newsroom 2026-10-23 PM: +Riksbank letter to Riksdag Finance Committee on digital krona (PDF, Tier 1); riksbank entity; CBDC tracker entry; verify snapshots, pag (240394a)
  3. 2026-10-23 Tracker: HSBC RedCoin commercial status -> Live (23 Oct 2026, HSBC release); +SoFi Earn (SOFIE) initiative, SoFi institution, 2 sources; vfetch: one 5s retry on (cebc8d1)
  4. 2026-10-23 Newsroom 2026-10-23: +HSBC RedCoin live on PayMe (HKMA-licensed HKD stablecoin), +SoFi Earn (SOFIE) consumer tokenized deposit (via Nasdaq/Business Wire; SoFi I (62c1ed5)

Verified quotes

  • “SoFi Technologies, Inc. (NASDAQ: SOFI), the everything app for digital financial services, today announced the launch of SoFi Earn (SOFIE), the first and only national bank-issued tokenized deposit for consumers.”
  • “When members are ready to put those funds to work, they can convert SOFIE 1:1 to SoFiUSD, then use the SoFiUSD to buy crypto directly in the SoFi app or move money over blockchain rails 24/7.”
  • “SOFIE is not a payment stablecoin.”
  • “SoFi Earn is rolling out to SoFi Crypto members now through November.”

String-matched against https://www.nasdaq.com/press-release/sofi-launches-sofi-earn-sofie-first-and-only-national-bank-issued-tokenized-deposit by scripts/verify.mjs before every deploy.

AI-drafted from the primary source; quote string-matched by scripts/verify.mjs · AI-assisted