It is important to note that cryptocurrency is a speculative investment with a limited track record. There is significant risk of loss, including potentially your full investment
With that said, SoFi works hard to ensure that your crypto is safe. As a public company, we uphold our obligation for transparency. An independent third-party audit is conducted to ensure proof of reserves - meaning our trading partners and custodians have true possession of the assets that are held on behalf of our members.
Furthermore, we do not engage in any lending or rehypothecation of crypto assets. This means that the crypto on our platform remains accessible and does not need to be recalled from borrowers.