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SoFi launches SOFIE tokenized deposit offering 4.40% APY with stablecoin conversion.

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23 Oct 2026
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SoFi launches SOFIE tokenized deposit offering 4.40% APY with stablecoin conversion.

SoFi has introduced the SOFIE tokenized bank deposit, a new financial product that represents money held at SoFi Bank. This token offers a yield-bearing deposit with an advertised annual percentage yield (APY) of 4.40%, subject to terms and conditions. The product also features stablecoin conversion, allowing users to convert their deposits into stablecoins. This innovation aims to blend traditional banking with digital asset convenience, potentially attracting investors seeking higher yields and crypto integration.

The Starknet vote on post-quantum Layer-1 research is the story's subject; for readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 23, 2026 23:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 37 rose and 11 fell. Notable movers include BCH (Bitcoin Cash) with a 1-day change of +4.62% and a Pluang order activity of 27% Sell / 73% Buy, VET (VeChain) up +4.43% with balanced buy/sell orders, and ATOM (Cosmos) down with 90% Sell / 10% Buy activity. Prices are Rp5.164.753 for BCH, Rp132 for VET, and Rp32.096 for ATOM.

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