SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users
This is an automated briefing. PulseLedger aggregates content that publishers distribute through public RSS feeds; the text below reflects what www.theblock.co made available in its feed. For general information only — not investment advice.
SoFi has launched SOFIE, a tokenized deposit offering 4.4% APY and FDIC insurance, with the option to convert to SoFiUSD.
PulseLedger provides this story for general information only. Content and images are credited to www.theblock.co; headlines and data are aggregated automatically from public feeds. Nothing here is financial, legal, or tax advice and it is not a recommendation to buy or sell any asset.
Related stories
Technology
Fireblocks denies report of $2.5 billion acquisition talks with Visa
Technology
Here’s what happened in crypto today
Technology
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
Technology