SoFi CEO Anthony Noto discussed the launch of crypto trading at the Allen & Co. Media and Technology Conference. SoFi shares dropped 6% after announcing a $1.5 billion stock offering for general corporate purposes and growth opportunities. Despite the offering, SoFi’s market cap doubled in 2025, with revenue up 38% and net income more than doubled.

Read more at CNBC: SoFi stock drops on $1.5 billion stock offering