US fintech company SoFi has included XRP in its crypto asset services. According to information disclosed by the company on the X platform, users can now deposit XRP into the SoFi app and directly buy, sell, and hold it. For traditional bank users, this means they can access this asset without having to register separately for a crypto trading platform.
Covering existing bank customers
SoFi is a nationally licensed bank in the United States, regulated by the Office of the Comptroller of the Currency. Reports indicate that this feature is available to all of its approximately 13.7 million customers. In addition to XRP, SoFi currently supports assets such as Bitcoin, Ethereum, and Solana.
- Supports depositing 12 types of crypto assets.
- Supports trading of 27 crypto assets
- XRP is now available to all customers.
This type of access differs from native crypto platforms. Users can manage crypto assets within the same application they would normally use for payroll, savings, and daily payments, making it relatively easier to use.
Withdrawal function is not yet available.
However, XRP still has functional limitations. Community feedback indicates that users cannot yet withdraw XRP to external wallets. SoFi customer service later stated that the crypto asset withdrawal function is in progress, following a similar process to when it was launched on Solana.
The report mentions that after launching Solana in November 2025, SoFi also went through a process of first opening up some functions and then gradually adding outgoing capabilities. The integration of XRP this time continues its relatively cautious launch pace.
Expanding encrypted reach through banking channels
SoFi has been continuously expanding its coverage of crypto assets recently. The article states that the company has successively added Bitcoin, Ethereum, and Solana, and in February 2026 became the first nationally licensed bank in the US to support Solana deposits. Now, XRP has also entered the same system, indicating that its crypto business is still expanding.
For ordinary retail users, opening a separate exchange account and managing a separate wallet is often one of the main obstacles to entering the crypto market. This process has been further simplified by banks providing direct access to buying, selling, and holding through their apps.
The article also mentioned that Ripple responded to SoFi's move on the same day, stating that more entry points would bring more participants. Market focus is now on whether bank access will continue to expand to more assets, and when SoFi will add external wallet withdrawal functionality.
