Key Takeaways:
- SoFi Bank is the first FDIC-insured U.S. bank offering integrated crypto trading.
- Supports Bitcoin, Ethereum, and Solana, with more assets coming soon.
- Early users completing 3 trades by Jan. 31, 2026, can win 1 Bitcoin.
- Reflects a growing regulatory shift favoring licensed crypto services in banking.
SoFi Bank Relaunches Crypto Trading, Setting a New U.S. Banking Milestone
SoFi Bank has officially relaunched its crypto trading platform, becoming the first FDIC-insured U.S. bank to integrate digital assets and traditional banking services under one roof. The move, announced on November 11, 2025, marks a major turning point for regulated crypto adoption in mainstream finance.
Banking Meets Blockchain
SoFi now offers trading for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) directly through its national bank charter—blending checking, investing, and borrowing within a single application. The rollout began this week, with priority access waitlists open through November 30, 2025, and additional cryptocurrencies planned for phased release.
To attract early adopters, SoFi launched a Bitcoin giveaway promotion: users who open a crypto account, join the waitlist, and complete three qualifying trades of at least $10 by January 31, 2026, will be entered to win one Bitcoin.
Initial crypto funding is limited to USD or ACH deposits, with outbound transfers unavailable during the first phase of deployment.
A Return to Crypto Roots
This marks SoFi’s return to digital assets after suspending trading in late 2023 amid regulatory uncertainty during its transition to a fully chartered bank. The platform originally launched crypto trading in 2019 in partnership with Coinbase.
Also Read: Top 10 Free Crypto Wallets for Beginners
According to the company, crypto ownership among SoFi members doubled in 2025, and 60% of users prefer managing digital assets through a licensed bank rather than traditional exchanges—reflecting growing trust in regulated institutions following political shifts and clearer policies.
Banks Embrace Digital Assets
SoFi’s relaunch aligns with a wider wave of integration in traditional banking. JPMorgan now accepts Bitcoin and Ethereum as collateral in select transactions, while DBS Bank and Goldman Sachs have entered digital asset derivatives trading.
Unlike banks offering crypto custody or payment gateways, SoFi stands apart by providing direct crypto trading within a nationally regulated FDIC-insured framework, overseen by the Office of the Comptroller of the Currency (OCC).
The Future of Regulated Crypto Banking
SoFi’s move could accelerate mainstream crypto adoption by merging trust, regulation, and usability—three key barriers for traditional investors. As other banks observe SoFi’s success, this integration model may define the next phase of U.S. banking evolution.
