SoFi Technologies, Inc. (NASDAQ:SOFI) launched SoFi Crypto, becoming the first nationally chartered, FDIC-insured bank in the U.S. to offer such a platform. The company reported strong Q3 results, with a 38% YoY revenue growth reaching $950 million, $277 million in adjusted EBITDA, and a total loan originations increase to $9.9 billion. Fee-based revenue grew by 50% to $409 million. UBS raised SoFi’s price target to $27.50.

Read more at Yahoo Finance: SoFi Technologies’ (SOFI) SoFi Crypto Launch Makes It First Nationally Chartered, FDIC-Insured Bank in the U.S.