SoFi Technologies is set to reenter the crypto market, focusing on stablecoin issuance and tokenized loans, after pausing its crypto offerings two years ago. With favorable regulatory conditions under the Trump administration, SoFi aims to launch these services within the next two years, highlighting the financial advantages of blockchain technology.
SoFi is set to launch international remittances using blockchain and stablecoins, along with a relaunch of its crypto investing services, including Bitcoin and Ethereum trading. CEO Anthony Noto aims to expand the company's digital asset offerings in response to favorable regulatory changes following a suspension of these services in 2023.