SoFi Posts Record $1B Q4 Revenue After Crypto Comeback
SoFi recorded its best-ever quarterly revenue — roughly $1 billion — in Q4, a milestone the company attributed to a renewed focus on crypto. The firm reintroduced crypto trading, rolled out its own stablecoin, and began offering blockchain-based remittance services, moves that management says increased customer engagement and diversified fee income. The results matter because they show a major consumer fintech successfully monetizing crypto products at scale, which could encourage rivals to accelerate similar offerings. Investors and regulators will watch upcoming quarters for sustainability of these gains and any compliance or market risks tied to stablecoins and on‑ramp activity, but for now SoFi’s crypto comeback appears to be paying off.