The Block News October 22, 2026

SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users

SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users
SoFi has launched SOFIE, a tokenized deposit offering 4.4% APY and FDIC insurance, with the option to convert to SoFiUSD.
Source: The Block News
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