SoFi Technologies, a leading US fintech and online lending institution, reported its revenue exceeded $1 billion for the first time in the fourth quarter, driven by its expanding cryptocurrency business. The company achieved a profit of $174 million and added 1 million new members, reaching a total of 13.7 million, marking a 35% year-over-year increase. The San Francisco-based bank recently became the first nationally chartered bank to offer consumer cryptocurrency trading. It also launched the SoFiUSD stablecoin and a blockchain-integrated remittance service across more than 30 countries, further solidifying its position in the crypto market.