SoFi Relaunches Crypto Services and Blockchain Remittances

SoFi Reignites Crypto Offerings Amid Regulatory Shift

SoFi is returning to the crypto space, reigniting its digital asset services after a regulatory shift under the Trump administration. By the end of this year, SoFi users will once again be able to buy, sell, and hold cryptocurrencies like Bitcoin and Ethereum directly through the app.

The revival follows changes by the Office of the Comptroller of the Currency, allowing nationally chartered banks, like SoFi Bank, to offer crypto custody, execution services, and stablecoin activities.

Advanced Features to Follow

Beyond basic crypto trading, SoFi plans to roll out features like stablecoin issuance, crypto-backed lending, and staking. These offerings will allow members to borrow against their crypto holdings or earn rewards by participating in staking pools. The goal is to create a secure and flexible environment for digital asset management, all within SoFi’s regulated framework.

Galileo Powers Crypto Infrastructure for Partners

SoFi also plans to extend its blockchain capabilities through Galileo, its technology platform. This move will allow other companies to access blockchain infrastructure and digital asset execution tools via Galileo’s APIs. By doing so, SoFi hopes to become a tech enabler for crypto adoption across the financial sector.

Introducing Blockchain-Powered Remittances

In addition to investment features, SoFi will launch blockchain-powered remittance services. Members can initiate a transfer in USD by simply entering the recipient’s contact details. The funds will be sent over blockchain networks, converted into local currency, and deposited into the recipient’s bank account. This solution aims to make cross-border payments faster, more secure, and less expensive.

Crypto as a Core Strategy

SoFi CEO Anthony Noto emphasized the firm’s long-term crypto vision: “We’re accelerating our efforts to give members more choice and more control. Crypto and blockchain innovations will be woven through every part of our business—whether it’s saving, spending, investing, or borrowing.”

SoFi’s return to crypto isn’t just a reentry—it’s a strategic overhaul designed to embed digital assets at the heart of its ecosystem.

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