Key Takeaways
- SoFi announces capability for XRP deposits on April 21
- XRP can now be deposited, bought, and held on the app
- XRP adds deposit support to 12 stocks and trading support for 27 stocks
- Regulated banks consolidating crypto assets and expanding market access
SoFi Unlocks XRP Deposit Feature to Support Transactions in Banking App
On April 21, 2026, SoFi Technologies, a leading digital financial services company, announced on X that it has enabled the deposit function of XRP on its platform as a major crypto stock alongside Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
SoFi operates as a national law bank under the supervision of the Office of the Comptroller of the Currency (OCC). It allows retail users in the U.S. to deposit, buy, sell, and hold XRP on banking apps that have been approved regulators.
SoFi launched SoFi Crypto, a cryptocurrency trading service for consumers, in November 2025, and this XRP support will be an extension of that.
Expanding Support for Major Altcoins
SoFi Technologies began supporting Solana (SOL) deposits in February 2026, before the addition of XRP. The roster includes Bitcoin (BTC) and Ethereum (ETH).
Users can buy and keep XRP on the same app as their bank account, making it easier for customers to manage their assets without using a separate crypto-devoted exchange.
Support for Buying and Selling 4 Major Networks, Plus 27 Stocks
According to SoFi’s official support page, the number of cryptocurrencies supported for deposits has expanded to 12 stocks, including XRP. These are: Bitcoin, Ethereum, USD Coin (USDC), Chainlink (LINK), Shiba Inu (SHIB), Uniswap (UNI), Abe (AAVE), and Polygon (POL)・12 stocks are eligible: Lido DAO (LDO), Floki (FLOKI), Solana, and XRP.
The stocks available for trading include Dogecoin (DOGE), Cardano (ADA), Avalanche (AVAX), Stellar (XLM), Sui (SUI), Bitcoin Cash (BCH), Hedera (HBAR), and Litecoin (LTC).
