Oct 22, 2026
SoFi launches SOFIE tokenized deposit offering 4.4% APY with FDIC insurance
SoFi Technologies has launched SoFi Earn (SOFIE), an interest-bearing tokenized deposit product that offers consumers a 4.4% annual percentage yield with FDIC insurance. Each SOFIE token represents $1 held at SoFi Bank and can be converted into the company's SoFiUSD stablecoin for crypto transactions.
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