SoFi recently enabled crypto trading for its investors, building on previous experience from 2019 to 2023. This move is expected to drive revenue growth, following in the footsteps of successful fintech peers like Robinhood and Coinbase. SoFi’s CEO Anthony Noto is optimistic about the potential impact of blockchain technology on the finance industry. With the resurgence of crypto trading on the platform, SoFi aims to capitalize on the growing popularity and acceptance of cryptocurrencies among retail investors and institutions. This strategic move could lead to significant revenue growth and increased transaction volume for the digital bank.

Read more at Nasdaq: SoFi Is Betting Big on Crypto, But Is It Hurting or Helping the Financial Giant’s Stock?