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0.00145985401459856 0 0 -0.000683477106834711 0.000783012607830187 0 0.000995355009953588 0.00696748506967488
Stock impact report

SoFi Launches Big Business Banking to Power Fiat and Crypto Banking on a Single Regulated Platform

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Business Wire
Regulated banking infrastructure enables companies to hold deposits, move money, and operate 24/7 through fiat or stablecoins. Initial participants will include Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, Jupiter, Mesh Payments, and Mastercard. The platform is expected to leverage Solana, alongside other blockchain networks. SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the one-stop shop for digital financial services, today announced the launch of SoFi Big Business Banking, a new offering that gives enterprise partners the ability to manage both fiat and crypto banking from a single, nationally chartered bank.This launch builds on SoFi’s integration of blockchain into its core platform. Over the last year, SoFi has enabled members to buy, sell and hold crypto, launched SoFiUSD, and built the regulated infrastructure connecting traditional and on-chain finance. Big Business Banking brings it all together, enabling any company operatin Show less Read more
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