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SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds

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SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds

SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7.

SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds

SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds

Source：Cointelegraph

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Source：https://cointelegraph.com/news/sofi-bank-issued-tokenized-deposit-yield-bearing-crypto-funds