SoFi has added XRP deposits and trading, alongside Bitcoin, Ethereum, and Solana, marking a significant expansion of its digital asset offerings.
This makes SoFi one of the first nationally chartered U.S. banks to enable XRP trading directly from cash accounts insured by the Federal Deposit Insurance Corporation, enhancing user security and trust.
The move represents a key milestone in integrating cryptocurrencies into the traditional banking system, allowing investors to access digital assets within a regulated financial environment.
Analysts note that the inclusion of XRP—despite prior regulatory uncertainty—may signal improved legal clarity and renewed institutional interest in the asset.
It could also pave the way for more banks to expand crypto services as demand for integrated digital investment solutions continues to grow.