SoFi Becomes First US Chartered Bank to Support Solana Deposits
Summary
SoFi, a US-chartered bank, has announced that it is the first such institution to support Solana (SOL) network deposits for its 13.7 million users. This update allows customers to send SOL directly from external wallets to their SoFi crypto accounts, where they can buy, sell, and hold the asset alongside traditional banking products like checking and savings within the SoFi app. This move represents a significant step in integrating regulated national banking infrastructure with live public blockchain networks, moving beyond simple brokerage exposure. SoFi, which started as a student loan platform and now holds over $50 billion in assets, is expanding its digital asset offerings through this direct on-chain deposit capability for Solana.
(Source:BeInCrypto)