SoFi Bank Becomes First FDIC-Insured Bank to Launch Crypto Trading for Consumers
SoFi Technologies, Inc. (NASDAQ: SOFI) has made history as the first and only nationally chartered, FDIC-insured bank to launch crypto trading for consumers. The debut of SoFi Crypto marks a pivotal expansion in the bank’s mission to serve as a one-stop digital financial hub—allowing users to bank, borrow, invest, and now purchase and hold crypto within a single platform.
With the new service, SoFi members can purchase, trade, and hold leading cryptocurrencies including BTC (BTC), ETH (ETH), and Solana (SOL). The rollout begins this week and will gradually extend to all users, reinforcing SoFi’s position at the intersection of traditional finance and blockchain innovation.
“Today marks a pivotal moment when banking meets crypto in one app, on a trusted platform,” said Anthony Noto, CEO of SoFi. “Blockchain will fundamentally change every way finance is done—making money movement quicker, cheaper, and securer. As the first and only trading, SoFi is uniquely positioned to set a new standard built on security, stability, and transparency.”
Takeaway
Bringing Bank-Grade Security to Crypto Investing
At the heart of SoFi Crypto is its focus on bank-grade securety, regulation, and user education. Members can now purchase and hold digital assets through the identical secure platform that hosts their checking, savings, and investment accounts—eliminating the need to transfer funds between diverse providers or wallets.
The integration allows instant purchases of crypto directly from a SoFi Money Checking or Savings account, enabling members to idle funds in an FDIC-insured account. SoFi’s approach brings a degree of regulatory oversight and compliance rarely viewn in consumer crypto platforms, .
In addition, SoFi is investing heavily in education and accessibility. In-app resources provide step-by-step guidance, real-time insights, and beginner-friendly explanations designed to assist users make informed decisions about crypto’s role in their broader financial strategy. The company emphasizes that crypto and digital assets remain high-risk and not FDIC-insured, encouraging members to understand volatility and diversification before investing.
Takeaway
Driving the Future of Regulated Digital Finance
The launch comes as crypto ownership in the U.S. doubled in 2025, underscoring surging retail interest in blockchain-based assets. A recent survey revealed that 60% of SoFi members who own crypto would prefer to trade through a licensed bank rather than an platform—highlighting growing demand for regulated digital finance platforms.
Beyond trading, SoFi plans to embed blockchain technology throughout its financial ecosystem. The company is developing a USD stablecoin and piloting crypto-enabled remittance systems to power quicker, lower-cost international transfers. Future integrations may extend to lending and infrastructure services, unlocking innovations such as tokenized collateral and instant cross-border settlements.
“This launch is just the beginning,” Noto added. “We’re weaving blockchain innovation across our platform—from global payments to lending—to make money management simpler, smarter, and more secure.”
Consumers can now join the SoFi Crypto waitlist for ahead access and enter a promotional campaign offering a chance to win one BTC by opening a crypto account and completing three qualifying trades by January 31, 2026.
Takeaway
