SoFi Technologies is returning to crypto investing after a two-year hiatus — and the digital bank is also launching cross-border remittance payments in its app as it expands its “one-stop shop” strategy for digital financial services. The digital bank announced on Wednesday that its customers will be able to buy, sell and hold popular cryptocurrencies like bitcoin and ethereum through SoFi’s website and mobile app. SoFi also anticipates expanding into stablecoins and other types of digital assets. SoFi, which originally started as an online student loan refinancer and has since expanded into a wide range of digital banking products and services, will be officially releasing both its crypto and remittance services later this year for its customers. An exact timeline or release date was not announced by the company. “The future of financial services is being completely reinvented through innovations in crypto, digital assets and blockchain more broadly,” said SoFi CEO Anthony Noto in a statement. “We’re accelerating our efforts to give members more choice and more control, whether they’re investing, sending money across borders, or planning for their future. Crypto and blockchain innovations can and will be threaded through each of our businesses and capabilities, including buying, paying, saving, investing, borrowing and protecting.” Remittance payments — transactions sent to a foreign country when the sender is located in the U.S. — are a chunk of the global money movement economy that the United States contributes significantly to. The U.S. sent more than $188 billion in remittances abroad in 2021, according to the World Bank. All told, $478 billion in remittances were sent worldwide that year. Remittance payments processing in the U.S. could be subject to the 3.5% remittance tax in President Donald Trump’s One Big Beautiful Bill if that portion of the bill passes in its current form. SoFi declined a request for comment, but the company’s announcement did state that customers would have “full transparency on exchange rates and fees upfront” for remittance payments within the SoFi app.