TL;DR
- SoFi enables direct Solana deposits for its 13.7 million customers under federal charter.
- Unlike other banks’ brokerage-style access, SoFi allows real on-chain Solana transfers.
- The bank holds over $50 billion in assets and operates under US federal supervision.
SoFi just rewrote the rules of the American banking system. The nationally chartered bank now accepts direct deposits on the Solana ($SOL) network, making its 13.7 million customers the first users of a regulated US bank able to move assets directly on a public blockchain without leaving their usual banking interface.
The announcement came on February 27, 2026, through SoFi’s official account on X. The bank confirmed that users can buy, sell, and hold $SOL inside the app, and also send tokens from external wallets directly to their SoFi accounts via the Solana network. It is not indirect exposure through an investment instrument — it is real on-chain transfers, to and from a public network, inside a federally licensed bank.
SoFi 🤝Solana. Simple.
SoFi now supports @Solana network deposits! As the first national chartered bank where individuals can buy, sell and hold crypto, we’re helping you manage your $SOL right in the SoFi app. Start now! https://t.co/qPEfHQATW1
— SoFi (@SoFi) February 27, 2026
That detail marks a real difference from what other banks offer today. Most institutions that provide any form of crypto access do so through brokerage-style structures: the customer buys a position, but the assets never leave the bank’s internal systems. SoFi connected its infrastructure directly to the Solana blockchain, allowing tokens to travel between external wallets and bank accounts under regulatory oversight.
An Integration That Raises the Standard for Digital Banking in the US
The bank holds more than $50 billion in assets and manages tens of billions in deposits. It started in 2011 as a student loan refinancing platform and, over the years, secured a national bank charter, placing it under the supervision of the country’s primary financial regulators. By size, it falls below Wall Street giants, but it holds a clear position among the largest digital-first banks in the US.
The company also built brand visibility outside the financial sector. SoFi lends its name to SoFi Stadium in Inglewood, California — host of Super Bowl LVI in 2022, WrestleMania 39 in 2023, and soon several matches of the 2026 FIFA World Cup and the 2028 Los Angeles Olympics. That public presence amplifies the weight of the announcement: a bank that appears at the world’s most visible events just enabled on-chain deposits for millions of customers.
BREAKING: US chartered bank @SoFi enables Solana network deposits for its 13.7 million customers, directly from their banking app https://t.co/57Ekxn1pvp pic.twitter.com/NzgntsrLuf
— Solana (@solana) February 27, 2026
For Solana, the agreement with SoFi opens an access route to a segment of users who do not operate from native crypto wallets. A customer who already uses SoFi for their checking account, savings, and investments can now send $SOL from an external wallet and manage that balance alongside the rest of their money — no additional platforms, no separate exchange accounts required.
SoFi’s decision puts pressure on the rest of US digital banking. No other nationally chartered bank offers direct deposits on a public blockchain network at this scale. The standard just moved up.
