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RegulationSource: CoinCentral ·

SoFi Stock: Your Crypto Cash Can Now Earn 4.4% APY With New Tokenized Deposits

SoFi Technologies (SOFI) launched SoFi Earn (SOFIE) on Thursday, a tokenized deposit paying a variable 4.40% APY. Each SOFIE token represents $1 at SoFi Bank, with FDIC coverage up to $250,000 and no minimum balance.

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