token

The bank is also exploring the possibility of allowing clients to use fund tokens as collateral for borrowing or constructing a portfolio of tokenized assets.

Customers get the predictability of per-seat pricing as well as access to AI tokens, which are renewable and will lead to future revenue growth, McDermott said.

The digital token is expected to launch in the first half of 2026, and customers will be able to access it through Western Union’s partner exchanges.

Later this year, customers will be able to buy, sell, and hold a variety of tokens in the SoFi app.

Lower rates make risky assets such as stocks and digital tokens more attractive relative to interest-bearing investments such as bonds.