SoFi Bank Breaks Ground As First FDIC-Insured National Bank to Launch Direct Crypto Trading Services
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SoFi Bank has launched crypto trading services, becoming the first FDIC-insured national bank to offer direct crypto trading. The SoFi Crypto platform allows users to buy, sell, and hold various cryptocurrencies, including Bitcoin and Ethereum, all within the existing banking app. The rollout starts on November 11, 2025, with plans for wider access soon. Users can fund purchases instantly from their SoFi Money accounts, and the app includes educational resources for all experience levels. SoFi reports a doubling of crypto ownership in 2025 and a preference for bank-based trading.
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