SoFi


Finance

SoFi Launches Crypto Trading, Citing ‘Bank-Level Confidence’ as Key Edge

The federally regulated lender said 60% of users prefer trading crypto with a licensed institution over exchanges, citing compliance as a trust driver.

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Finance

Crypto Infrastructure Firm Zerohash Raises $104M in Round led by Interactive Brokers, Morgan Stanley

The raise included new participation from Morgan Stanley, Apollo-managed funds, SoFi, Jump Crypto and IMC.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Tech

Nasdaq-Listed SoFi Taps Bitcoin Lightning for Remittances

Plus: Bitlayer Enters Solana with YBTC, Valantis Acquires stHYPE, and Hyperbeat Secures $5.2M In Seed Round

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Finance

SoFi Taps Bitcoin Lightning Network for Global Remittances With Lightspark

SoFi will use Lightspark’s Lightning-based UMA tech to offer real-time, low-cost international transfers directly in its app

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Finance

SoFi to Launch Blockchain Remittances With Stablecoins as Crypto Returns to Platform

The move comes as the CEO shared plans to re-enter the crypto business under the Trump administration after having exiting digital asset services in 2023.

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Finance

SoFi Plans Major Push Into Crypto Amid New Regulatory Environment

There's been a “fundamental shift” in the crypto landscape in the U.S., CEO Anthony Noto said on Wednesday.

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Finance

Stablecoins Can Help Fix the Current Lending Market

The Global Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.

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Markets

ARK Invest Sells Another $5M of Coinbase Shares; Buys Robinhood, SoFi

The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday.

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Finance

Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com

Blockchain.com President Lane Kasselman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars.

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Videos

SoFi to End Crypto Services; Jack Dorsey's Latest Crypto Moves

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the latest developments for Binance as founder and former CEO Changpeng "CZ" Zhao steps down as chairman of the global exchange's U.S. affiliate's board. SoFi tells its crypto customers it is ending crypto services next month. Plus, Jack Dorsey leads a $6M seed funding round for a decentralized bitcoin mining pool.

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