SoFi Launches SOFIE Tokenized Deposits With 4.40% APY
SoFi’s SOFIE offers a variable 4.40% APY on bank deposits eligible for FDIC insurance, with 1:1 conversion to SoFiUSD and a rollout through November.
The Tokenized Funds topic follows the rapid emergence of investment vehicles brought on-chain, including tokenized money market funds, investment portfolios, index products, and professionally managed asset pools. This section reports on institutional issuers, regulatory developments, fund performance, yield opportunities, and the infrastructure enabling traditional investment products to operate on blockchain rails. It also highlights liquidity growth, cross-border accessibility, transparency benefits, and the expansion of tokenized fund offerings across global markets. Readers gain insights into how asset managers, fintech firms, and DeFi platforms are reshaping capital markets by transforming conventional funds into programmable digital assets.
SoFi’s SOFIE offers a variable 4.40% APY on bank deposits eligible for FDIC insurance, with 1:1 conversion to SoFiUSD and a rollout through November.
Citi Research sees collateral mobility as a major tokenization use case, according to Aave, whose Horizon market lends against approved real-world assets.
Pump.fun adds eight PreStocks tokens for trading and new coin pairings, including OpenAI and Anthropic, with economic exposure rather than direct share ownership.
If demand for LINK grows faster than the available supply, the resulting imbalance could support price appreciation.
JPMorgan adds Ethereum alongside Base for its JPMD deposit token, giving approved institutional clients another network for payments and settlement.
WGC and BCG project a $160–170 billion digital-gold market by 2031, while treating the $700 billion opportunity as longer-term potential demand.
BlackRock sees room to expand tokenized fund collateral into traditional finance, where institutional acceptance and existing systems remain hurdles.
Deutsche Bank expects to launch crypto custody in Germany within weeks and expand to Asian financial centres in 2027, according to its corporate banking co-head.
Ripple Prime brings institutions 24/7 swaps linked to stocks, commodities and currencies through Trade.xyz on Hyperliquid, with RLUSD collateral support.
Mastercard and BVNK’s new Global Money Platform combines fiat accounts, stablecoins, cards and bank payouts, with Nuvei and Marqeta among early integrators.