SoFi Q2 crypto trading revenue increased 10% QoQ to $134.3 million
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SoFi Q2 crypto trading revenue increased 10% QoQ to $134.3 million
According to The Block, SoFi's crypto trading revenue in the second quarter increased 10% quarter-over-quarter, reaching $134.3 million, with net income of approximately $1.2 million after deducting $133.1 million in transaction costs. Meanwhile, SoFi's stablecoin SoFiUSD has begun processing 24/7 business payments through its business banking platform Big Business Banking, and went live for retail users in May, supporting buying, selling, holding, and exchanging on Ethereum and Solana.
TechFlow news, July 29, according to The Block, SoFi's crypto trading revenue in the second quarter rose 10% quarter-over-quarter to $134.3 million, with net income of approximately $1.2 million after deducting $133.1 million in transaction costs. Meanwhile, SoFi's stablecoin SoFiUSD has begun processing 24/7 business payments through its business banking platform Big Business Banking, and was launched for retail users in May, supporting buying, selling, holding, and exchanging on Ethereum and Solana.




