SoFi To Rival Coinbase, Robinhood As First Nationally Chartered US Bank With Bitcoin Trading
Posted On November 11, 2025
SoFi Technologies Inc. (NASDAQ:SOFI) has become the first nationally chartered U.S. bank to launch crypto trading, giving customers regulated access to Bitcoin and other digital assets.
SoFi Expands Into Crypto Trading After OCC Approval
SoFi CEO Anthony Noto announced the launch on Tuesday, calling it a “major milestone” for the company’s all-in-one finance model.
He said the move follows a March interpretive letter from the Office of the Comptroller of the Currency (OCC) permitting banks to engage in cryptocurrency transactions.
“We wanted to be a one-stop shop for every financial need,” Noto said in an interview.
“For two years, we couldn’t offer cryptocurrency services as a bank. Now, we finally can.”
Initially, the bank will begin with Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and …
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