SoFi Posts Record $1B Q4 Revenue After Crypto Comeback

Published at 2026-01-30 22:00:11

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.

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Securitize announced a strategic partnership with the TRON blockchain to strengthen its tokenized securities infrastructure and expand digital-asset distribution across one of the industry's most active networks.

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Published at 2026-04-10 14:30:10

Circle Defends USDC Freezes Following $270M Drift Protocol Hack

Circle’s CEO defended the company’s authority to freeze USDC after the $270 million Drift Protocol exploit and urged faster legal frameworks to enable rapid, lawful responses to crypto hacks.

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Published at 2026-04-10 12:45:08

Russia to Ban Cash-for-Crypto Trades, Require Bank-Mediated Transactions

Russia will prohibit cash-for-crypto transactions and require trades to go through cashless, bank-mediated channels, a senior central bank official said. The measure is meant to increase oversight of crypto-related flows and clamp down on informal peer-to-peer markets.

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Published at 2026-04-10 11:30:09

SEC Seeks Feedback on Listing Options for Grayscale Multi-Asset Crypto ETF

The SEC is evaluating a proposal to list options on a Grayscale multi-asset crypto ETF and has asked for additional public comment as it assesses risks tied to crypto-related derivatives. Regulators want input on market structure, surveillance, and investor protections.

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Published at 2026-04-09 23:00:17

CZ Says Rival Exchanges Spent Millions to Block His Pardon and Binance U.S. Return

Binance CEO Changpeng Zhao alleges U.S. crypto exchanges funded multi-million dollar lobbying to block a pardon from former President Donald Trump and keep Binance out of the U.S. market. The claim has not been independently verified.