SoFi CEO says fintech bank is bringing back crypto investing
Anthony Noto, CEO of SoFi.
Adam Jeffery | CNBC
SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing this year after a “fundamental shift” in the regulatory landscape under the Trump administration.
SoFi was forced to drop crypto investing in late 2023 as a condition of receiving a bank charter in a time of heightened federal scrutiny of digital assets. Customers, who had access to more than 20 crypto coins at the time, were either shunted to Blockchain.com or liquidated their holdings.
But after new guidance from the Office of the Comptroller of the Currency, the technology company is planning an aggressive push back into crypto, Noto told CNBC late Monday in an audio interview.
“We’re going to re-enter the…
