SoFi launches tokenized deposit product (SOFIE) for consumers

SoFi Technologies launched a new product on October 22, 2026.

Primary

SoFi Technologies

Date

October 22, 2026

Sub-sector

Neobank

Demonstrates incumbent neobank expanding into blockchain/tokenization infrastructure. Relevant as competitive landscape signal but SoFi's $10B+ scale means small fintechs cannot directly compete on this axis.

Primary company

SoFi Technologies

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 22, 2026

Sub-sector

Neobank

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Finextra

Source: finextra.com