Could Crypto Take SoFi Stock to the Next Level?
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SoFi announced it will bring cryptocurrency trading back to its app.
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The bank will also use blockchain to facilitate cross-border money transfers.
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These features could help bring new customers into the growing ecosystem.
After a nearly two-year hiatus from the cryptocurrency industry, banking and finance app SoFi (NASDAQ: SOFI) recently announced that it will be getting back into the crypto market, and in an even bigger way than before.
SoFi made two specific announcements. First, it reported the return of crypto trading to its app — a service it had offered until late 2023. Second, the bank announced that it would leverage the capabilities of cryptocurrency and…
