SoFi


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.

(Sawyer Bengtson/Unsplash)

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.

Coinbase sticker on a Macintosh laptop

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.

SoFi (Shutterstock)

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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Videos

US Senators Ask Regulators for a 'Review' of SoFi’s Crypto Offerings

U.S. senators Sherrod Brown (D-Ohio), Jack Reed (D-R.I.), Chris Van Holland (D-Md.) and Tina Smith (D-Minn.) wrote open letters to digital finance company SoFi and several bank regulators, asking for a "review" of SoFi's crypto offerings. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on the concerns about SoFi’s expansion into crypto business. Plus, what to expect from today's FTX court hearing.

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Policy

US Senators Ask Bank Regulators to 'Review' SoFi's Crypto Listings

"SoFi’s digital asset activities pose significant risks to both individual investors and safety and soundness," the lawmakers said.

Senators Jack Reed (left) and Sherrod Brown (Jonathan Ernst-Pool/Getty Images)

Finance

Lending Platform SoFi's Revenue Jumps 56% in Q3

The company's Nasdaq-listed shares rose 13% in premarket trading.

(Unsplash)

Videos

Digital Asset Investment Outlooks in a Turbulent Market

David Duong, Head of Institutional Research at Coinbase, and Liz Young, Head of Investment Strategy at SoFi, join Arca CIO Jeff Dorman at Consensus 2022 to discuss their outlooks for digital assets in a turbulent market. Moderator: Taylor Culbertson, CEO, Hedgehog

Recent Videos

Markets

SoFi Can Launch Bank Provided It Doesn't Touch Crypto

The student loan and financial service provider cannot "engage in any crypto-asset activities or services," the Office of the Comptroller of the Currency said.

OCC (Andrew Harrer/Bloomberg via Getty Images)

Videos

Startup ‘Figure’ Brings Home Loans to the Blockchain

There are a variety of blockchain lending firms, but startup Figure has a unique niche. It is bringing home lending to the blockchain. Figure CEO and Co-founder of SoFi Mike Cagney explains what Figure does and how it plans to shake up the home lending industry.

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