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Stock impact report

SoFi Expands HELOC And XRP Offerings As Valuation Premium Persists [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
SoFi Technologies (NasdaqGS:SOFI) has introduced a fully digital Home Equity Line of Credit experience for its customers. The company has formed a Real Estate Advisory Council to support its home lending and property related offerings. SoFi has also started offering XRP deposit support, becoming the first nationally chartered US bank to support this asset for customers. With shares at $19.06, SoFi Technologies is at a point that may draw interest from investors who are watching both its lending and digital asset efforts. The stock is up 62.4% over the past year and 236.2% over three years, while the year-to-date return shows a 30.6% decline. That combination of performance can draw attention from investors who focus on both longer-term records and recent volatility. These new launches in real estate and crypto indicate that SoFi is positioning itself as a broad financial platform that spans traditional lending and digital assets. For investors, key areas to watch include the Show less Read more
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