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7x24hNews

SoFi Q2 crypto trading revenue increased 10% QoQ to $134.3 million

2026.07.29 - 15:31
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7x24h News

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.

2026.07.29 - 15:31:54

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.

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