SoFi Introduces Direct Solana Deposits for Regulated Banking Customers

SoFi, a leading US bank, has made a significant move in the fintech sector by becoming the first nationally chartered institution to enable direct Solana deposits. This development marks a deeper integration of traditional banking infrastructure with decentralized finance technology.

The bank's decision enables its over 13.7 million customers to transfer SOL tokens from external wallets directly into their SoFi crypto accounts, simplifying digital asset management for mainstream users. Moreover, it reduces the friction between traditional finance and blockchain ecosystems.