SoFi increases profit forecast for 2023 and plans to launch crypto trading

SoFi Technologies has revised its 2023 profit forecast upward following Q3 growth. The company announced plans for crypto trading to begin this year and the introduction of a stablecoin by 2026.

With a 3.8% rise in stock value pre-market, there is strong investor confidence in SoFi’s strategy, reflecting its increasing role in the fintech sector amidst demand for digital solutions.

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