Reuters: SoFi is expected to launch Crypto Assets trading this year.

On October 28, according to a report by Reuters, SoFi Technologies (SOFI.O) raised its full-year profit forecast to a level above Wall Street expectations after a surge in fee income and record performance in the third quarter. The company's stock price rose 3.8% in pre-market trading. SoFi has grown to become one of the most well-known companies in the U.S. fintech industry, evolving from a student loan refinancing startup into a comprehensive Financial Service company that offers a variety of services ranging from IPO investments to credit cards and savings accounts. Its market capitalization is approximately $36 billion, a rise that aligns with the emergence of young consumers who are gradually moving away from traditional banks toward app-based platforms. SoFi CEO Anthony Noto stated that SoFi is expected to launch encryption trading this year, and “SoFi Dollar stablecoin will be launched in the first half of 2026.” Adjusted revenue in the third quarter grew 38% year-on-year to a record $950 million, exceeding the expected $886.6 million. Adjusted profit doubled in the three months ending September 30 to $0.11 per share, surpassing the expected $0.08 per share.