SoFi has become the first U.S. national bank to offer retail crypto services, launching its SoFi Crypto platform to let customers buy, sell, and hold Bitcoin directly in their accounts, with full access for all 12.6 million members expected by the end of 2025.
Galoy founder and CEO Nicolas Burtey wants to help more borrowers use bitcoin as collateral for loans while introducing open-source software into the traditional banking stack.
As Fold enters its third chapter, it aims to not only help users around the world accumulate bitcoin but conveniently use it to meet their daily financial needs.