SoFi Just Shipped the Two-Tier Dollar: 4.40% Inside the Bank, Free Movement Outside It
Photo: Forkast
The most interesting thing about SoFi Earn is not that it exists. It is where it stops. SoFi Technologies (NASDAQ: SOFI) announced the product, ticker SOFIE, on Oct. 22 via the Business Wire release , billing it as the first and only national bank-issued tokenized deposit for consumers. Those are company claims, like the 15.8 million member figure and the fifth-crypto-product-in-under-a-year line. The innovation underneath the marketing is a turnstile.
Source: Forkast
