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Bitcoin News Update: SoFi Integrates Cryptocurrency with Conventional Banking, Sets the Stage for a Decentralized Tomorrow

Bitcoin News Update: SoFi Integrates Cryptocurrency with Conventional Banking, Sets the Stage for a Decentralized Tomorrow

Bitget-RWA2025/11/12 13:22
By:Bitget-RWA

- SoFi becomes first FDIC-insured U.S. bank to launch integrated crypto trading via its app, offering BTC, ETH, and SOL alongside traditional services. - The 2025 relaunch follows regulatory clarity from the OCC enabling crypto custody and execution, addressing prior compliance uncertainties. - CEO Anthony Noto emphasizes blockchain's potential to reshape finance through faster, cheaper transactions, aligning with 60% member preference for bank-based crypto trading. - SoFi's platform combines FDIC-insured

SoFi Technologies Inc. has set a new precedent as the first FDIC-insured, nationally chartered bank in the U.S. to unveil a fully integrated cryptocurrency trading platform, signaling a major evolution in the way established banks interact with digital assets. The new feature, called

Crypto, officially launched on November 11, 2025, now enables users to buy, sell, and store cryptocurrencies such as (BTC), (ETH), and (SOL) directly within the SoFi app, alongside their regular banking activities. This development puts SoFi at the cutting edge of a growing movement among major banks to meet increasing consumer interest in crypto.

This relaunch comes after SoFi paused its crypto operations for two years, starting in late 2023, due to regulatory uncertainties during its transition to a national bank. The revival of crypto services was made possible by updated guidance from the Office of the Comptroller of the Currency (OCC) in March 2025, which clarified that banks are permitted to offer crypto custody and execution services. "This marks a turning point for digital finance," stated CEO Anthony Noto, highlighting that blockchain technology will "transform the financial sector" by making transactions quicker, less expensive, and more transparent.

What sets SoFi's platform apart is its seamless combination of crypto trading with FDIC-insured banking, investment, and lending services within a single app.

Bitcoin News Update: SoFi Integrates Cryptocurrency with Conventional Banking, Sets the Stage for a Decentralized Tomorrow image 0
While digital assets themselves do not carry FDIC insurance, SoFi emphasizes its commitment to rigorous compliance and security standards, addressing ongoing concerns about the risks associated with decentralized exchanges. Customers can fund their crypto trades using ACH transfers or USD from their SoFi Money accounts, and have access to educational resources to better understand digital assets. The platform currently supports three cryptocurrencies, with intentions to add "dozens" more in the near future.

There is clear demand for these offerings: 60% of SoFi's crypto-owning members prefer trading through regulated banks rather than independent exchanges. This trend is shaping SoFi's broader vision to weave blockchain technology into its suite of services, including plans for a stablecoin backed by the U.S. dollar, blockchain-powered remittances, and decentralized lending solutions. Additionally, SoFi is offering an early adopter promotion, giving users who complete three trades by January 31, 2026, a chance to win one Bitcoin.

This move is part of a larger trend in the financial sector. Recently, JPMorgan Chase & Co. and Goldman Sachs Group Inc. have broadened their crypto offerings, and DBS Bank executed digital asset derivatives trades in late October. However, SoFi's approach stands out for its direct integration of crypto trading with conventional banking, potentially setting a new standard for the industry.

While some critics and crypto advocates voice concerns about centralization and regulatory control, Noto maintains that SoFi's strategy strikes a balance between innovation and security. Company data reveals that crypto ownership among SoFi members doubled in 2025, reflecting the growing mainstream acceptance of digital assets.

As SoFi expands the service to its 12.6 million members by the end of the year, the bank's progress could help accelerate the adoption of crypto within traditional banking. With plans to use blockchain for faster international payments and more affordable loans, SoFi aims to serve as a link between established financial systems and the emerging decentralized landscape.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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