SoFi Begins Rolling Out Interest-Earning Tokenized Deposits

T2Covered by 1 source · first reported by PYMNTS at 22 Oct, 14:44 UTC

SoFi Technologies is rolling out a tokenized deposit for consumers that enables SoFi Crypto members to earn interest while keeping their funds accessible when needed, the company said in a Thursday (Oct. 22) press release. Each SoFi Earn (SOFIE) tokenized deposit represents $1 held on deposit at…