SoFi Bank becomes the first nationally chartered U.S. bank to launch crypto trading directly in its mobile app, supporting bitcoin, ethereum, and solana. The move marks a major step in integrating digital assets with regulated banking, with future plans for blockchain lending and a stablecoin.
SoFi has launched Big Business Banking, a new enterprise platform that combines fiat banking, SoFiUSD stablecoin transfers, and select crypto settlements under a nationally chartered bank structure with 24/7 availability.
SoFi has launched Big Business Banking, a regulated platform that lets U.S. businesses manage deposits and settle fiat, SoFiUSD and select crypto transactions around the clock through a nationally chartered bank.
BlackRock ETF address deposits 1,360 BTC and 15,103 ETH into Coinbase; UBS strategist expects gold to hit new highs; US jobless claims beat estimates; BitGo launches institutional stablecoin minting; US prosecutors charge 10 in wash trading scheme using FBI-created token.
SoFi has introduced SoFiUSD, described as the first stablecoin issued by a U.S. national bank and backed 1:1 by cash reserves held at the Federal Reserve. The move could accelerate the convergence of traditional banking and blockchain-based payments.
SoFi Technologies launches Big Business Banking on Solana, enabling enterprises to manage fiat and digital assets under a nationally chartered bank. Features include SoFiUSD stablecoin, real-time settlement, and API-driven payments. Partners include Mastercard, Cumberland, and Galaxy.
SoFi has launched Big Business Banking, a regulated enterprise platform combining fiat operations, stablecoins, and tokenized deposits, initially leveraging Solana and other networks for real-time, always-on settlement.
SoFi CEO Anthony Noto bought about $500,000 worth of company shares, raising his holdings to more than 11.7 million shares. With BlackRock holding roughly 69.1 million shares, the move is seen as a confidence signal despite SoFi stock falling more than 30% year to date.
