For years, the knock on traditional banking has been simple: markets move around the clock, but banks do not. SoFi is building the alternative.
The nationally chartered US bank launched Big Business Banking today, an enterprise platform that lets companies hold deposits, move money, and settle transactions at any hour through fiat or crypto, all inside a single federally regulated bank running on Solana.
Anthony Noto, SoFi’s CEO, framed the gap directly.
“To be competitive, businesses today must operate in a global, always-on environment 24 hours a day, 7 days a week, while legacy banks typically still operate 9 to 5, Monday to Friday,” he said.
Ten firms are already in.
Initial participants include Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, Jupiter, Mesh Payments and Mastercard. They represent the institutional infrastructure layer of the entire crypto industry.
Mastercard’s presence is particularly notable. The payments giant announced a $1.8 billion deal to acquire stablecoin infrastructure firm BVNK last month, a transaction still awaiting regulatory approval. It is now also a launch partner for SoFi’s regulated crypto banking platform.
Today’s announcement did not arrive overnight.
In November 2025, SoFi became the first nationally chartered US bank to offer retail crypto trading. In February 2026, it became the first to enable direct on-chain Solana deposits for its 13.7 million members. Today, it has extended that infrastructure to enterprise clients – bringing institutional-grade fiat and crypto banking onto Solana rails for the first time.
Each step built on the last. Big Business Banking is where the retail and institutional layers converge.
The platform introduces SoFiUSD as its native stablecoin, with mint and burn functionality allowing instant conversion between fiat and digital assets while reserves remain inside SoFi’s regulated bank. Companies can settle in fiat, SoFiUSD, or selected cryptocurrencies.
SOL is currently trading at $77.44, down 7.04% in the past 24 hours amid broader market weakness. SOFI stock closed at $15.63, down 1.57%, with after-hours trading pushing it further to $15.10.
The infrastructure is live. The question now is how fast the rest of the industry follows.
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