SoFi Technologies Inc. (NASDAQ: SOFI) is now officially in the crypto business. It is the first and only nationally chartered bank in the U.S. to offer crypto trading services to its customers. The move comes as regulations become clearer and traditional banks start to use blockchain technology more.
Banking and crypto come together in one place.
With SoFi’s new “SoFi Crypto” platform, members may purchase, sell, and hold the most popular cryptocurrencies, like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), right from their digital bank accounts. The rollout started earlier this week and will continue to more users in the coming weeks. Anthony Noto, the CEO of the digital bank, said that the company’s entry into crypto is a “pivotal moment when banking meets crypto in one app.” He said that blockchain will “fundamentally change every way finance is done” because it will make moving money faster, cheaper, and safer.
— Anthony Noto (@anthonynoto) November 11, 2025
The introduction of SoFi USD Stablecoin
the digital bank plans to launch SoFi USD (SUSD), a fully backed, dollar-for-dollar stablecoin, in addition to trading. This will help payments and transfers across borders go faster. Noto called blockchain and crypto a “super cycle technology,” saying that it may change sectors in the same way that artificial intelligence has. He also warned about stablecoin issuers that aren’t banks, saying he wasn’t sure how safe their reserves were or how much credit risk they were taking on. Noto said, “Just because it’s backed dollar-for-dollar doesn’t mean those dollars will be there when you try to sell.”
More and more people want crypto
the U.S. neobank has more than $41 billion in assets and 12.6 million members right now. Recent polls showed that almost 60% of SoFi’s members want to invest in cryptocurrency. Noto has 3% of his own wealth in digital assets, mostly Bitcoin.
A Step Toward the Future of Digital Finance
SoFi Crypto is the company’s first step toward its goal of using blockchain technology throughout its whole financial ecosystem. SoFi wants to change the way Americans deal with money by putting banking, investing, and crypto trading all in one safe place. As SoFi adds more digital finance services, the bank is putting itself at the front of the pack when it comes to regulated crypto adoption. This sets a new standard for how traditional banks can safely and openly accept digital assets.
