HomeTopics
#TokenizedDeposits
Tokenized deposits news and analysis from LC Insight: 2 stories, newest first.
AI & RWA
4.40% on a token: SoFi launches the first national bank-issued tokenized deposit for consumers
SoFi Earn (SOFIE) turns a dollar on deposit at SoFi Bank into a token that pays 4.40% and keeps FDIC coverage. Swap it for SoFi's stablecoin to spend or send, and that coverage ends.
AI & RWA
JPMorgan puts JPM Coin on Ethereum: a bank deposit on a public chain, not a stablecoin
JPMorgan's dollar deposit token is now live on Ethereum for institutional clients, 11 months after starting on Base. Its Kinexys unit already moves about $7 billion a day, and banks and stablecoins are now chasing the same job.