"SoFi Technologies Inc. announced on April 21 that it has expanded crypto accessibility by enabling XRP deposits, reflecting a deeper integration of digital assets within regulated financial platforms."
"Ripple highlighted the development, pointing to the increasing alignment between banking services and crypto markets, with XRP gaining another entry point for U.S. retail participants."
"SoFi now supports XRP deposits alongside major assets such as bitcoin, ethereum, and solana, positioning the addition within its broader crypto infrastructure."
SoFi Technologies Inc. has enabled XRP deposits, expanding its crypto offerings alongside major assets like bitcoin and ethereum. This move reflects deeper integration of digital assets within regulated financial platforms. Ripple emphasized the significance of this development, noting the growing alignment between traditional banking services and crypto markets. SoFi's platform, overseen by the Office of the Comptroller of the Currency, allows users to manage multiple cryptocurrencies, reinforcing its commitment to broader adoption of digital assets in a regulated environment.
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