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SoFi Begins Rolling Out Interest-Earning Tokenized Deposits

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SoFi Technologies is rolling out a tokenized deposit for consumers that enables SoFi Crypto members to earn interest while keeping their funds accessible when needed, the company said in a Thursday (Oct. 22) press release. Each SoFi Earn (SOFIE) tokenized deposit represents $1 held on deposit at SoFi Bank and is FDIC-insured up to applicable […]

The post SoFi Begins Rolling Out Interest-Earning Tokenized Deposits appeared first on PYMNTS.com .

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