SoFi don launch in-app crypto trading with US bank charter
SoFi, one national bank-chartered fintech, don launch in-app crypto trading for dia 12.6 million members dem. The SoFi crypto trading feature allow users to buy, sell, and hold plenty tokens—including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL)—directly inside SoFi app. Money dey transfer straight from SoFi checking or savings accounts, so dem no need extra wallet.
The launch follow spring 2025 guidance from Office of the Comptroller of the Currency wey ease rules for bank-based crypto services. Waitlist promo dey give priority access and chance to win one Bitcoin if you sign up before November 30, 2025. This move dey tap growing demand for regulated, bank-backed crypto trading solutions.
CEO Anthony Noto talk say join banking and crypto trading for one app na important move for secure, regulated access to digital assets. Next steps include US-dollar stablecoin, blockchain-based remittances, and digital asset–backed lending. Analysts believe say other banks and fintech dem go follow do similar in-app crypto things.
Bullish
Integrate crypto trading inside one regulated bank app dey boost institutional credibility and retail access for BTC, ETH and other tokens. For short term, the launch and the waitlist promo fit cause more buy-side pressure as users dey convert fiat to cryptocurrencies directly inside SoFi app. For long term, the bank-chartered solution fit attract investors wey no like risk go major tokens, supporting steady demand. Planned stablecoin issuance and blockchain remittance services fit make SoFi stand gidigba as big on-ramp, reinforce go-better feeling for these assets.