SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds

Crypto Insight Summary: SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7. Crypto Insight Analysis: Direction: Bullish USDC / Neutral BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Tokenized deposits could increase stablecoin demand, but impact on BTC is limited.