PANews January 30 News, according to The Block, driven by the expansion of cryptocurrency business, one of the largest online lending institutions in the US, fintech company SoFi Technologies, reported that its Q4 revenue first surpassed $1 billion, with a profit of $174 million. The company stated that in Q4, it added 1 million new members, reaching a record high, with a total membership of 13.7 million, a 35% increase compared to the same period last year.
This San Francisco-based lending institution recently became the first nationwide chartered bank to launch consumer cryptocurrency trading, and subsequently launched SoFiUSD stablecoin and blockchain-integrated remittance services in over 30 countries.
Earlier reports indicate that US nationwide bank SoFi launched the dollar stablecoin SoFiUSD, which is now live on Ethereum.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum co-founder Joe Lubin: The Ethereum Strategy mode can enable better allocation through staking rewards
Bitmine chairman Tom Lee shares Joe Lubin’s interview, discussing Ethereum’s potential. Joe Lubin points out that earning yield through staking ETH, compared with Bitcoin, allows Ethereum to achieve higher asset appreciation and drive a transition in its profit model.
GateNews1h ago
Crypto Options Alert: Bitcoin and Ethereum Set for $2.2 Billion Expiry Event - U.Today
The crypto market faces a $2.2 billion options expiry, primarily for Bitcoin ($1.9 billion) and Ethereum ($328 million). With both currencies recovering in value, upcoming expirations may exert upward pressure, supported by bullish trading positions.
UToday2h ago
NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting
Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk.
To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not
LiveBTCNews5h ago
Yesterday, U.S. spot Ethereum ETFs had net inflows of $64.90 million, marking two consecutive days of net inflows.
Gate News update: April 11, according to Farside monitoring, yesterday (April 10) U.S. spot Ethereum ETFs saw net inflows of $64.9 million and have achieved net inflows for two consecutive trading days.
GateNews5h ago
TD Cowen Cuts Strategy Target but Starts Sharplink at Buy on Ethereum Treasury Model
TD Cowen adjusted its price target for Bitcoin-focused Strategy while maintaining a positive outlook, contrasting it with its new buy rating for Ethereum-based Sharplink, which offers a more active digital asset growth model through staking.
CryptoNewsFlash8h ago
