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On June 25, 2025,
(SOFI) saw a trading volume of $1.083 billion, ranking 66th in the day's stock market activity. The company's stock price increased by 1.45%, marking the third consecutive day of gains and a total increase of 5.79% over the past three days.SoFi Technologies has announced its re-entry into the cryptocurrency market after a two-year absence. The company plans to launch international remittance services using blockchain networks and stablecoins, alongside the relaunch of its crypto investing services. This move is part of SoFi's strategy to expand its digital financial offerings and provide a one-stop shop for its members.
The new remittance service will enable users to send U.S. dollars and select stablecoins to recipients abroad, with transactions processed using well-established blockchain networks. This service is expected to facilitate 24/7 international transfers with upfront fees, providing a convenient and efficient way for users to send money globally.
SoFi's decision to reintroduce crypto investing and launch blockchain remittances comes as regulations in the cryptocurrency space have eased, allowing the company to capitalize on the growing demand for digital financial services. The company's CEO has expressed optimism about the future of cryptocurrency and the potential for full-scale adoption in the financial industry.
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