SoFi's Q2 crypto trading revenue reached $134 million, up 10% quarter-over-quarter
2026-07-29 15:32
Odaily Planet Daily News SoFi's Q2 crypto trading revenue rose 10% quarter-over-quarter to $134 million. After deducting $133 million in trading costs, net revenue was $1.2 million, up from approximately $850,000 in Q1. The crypto business accounted for a relatively small portion of the company's $1.2 billion in adjusted net revenue for the quarter. During the same period, SoFi's corporate banking platform began processing 24/7 commercial payments via SoFiUSD; the stablecoin has been made available to bank app users and supports buying, selling, holding, and exchanging on Ethereum and Solana.
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