SoFi Technologies has increased its full-year profit outlook following a robust third-quarter performance, exceeding Wall Street expectations. The company plans to introduce cryptocurrency trading by the end of this year and aims to launch a stablecoin in 2026, marking a significant expansion into the digital asset space. CEO Anthony Noto emphasized the company's record fee income and improved financial outlook, which contributed to a 3.8% rise in SoFi's stock during pre-market trading.
SoFi Raises Profit Forecast, Plans Crypto Trading and Stablecoin Launch
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