SoFi’s cryptocurrency business generated $161.6 million in gross transaction revenue during the third quarter, but retained just $1.6 million after transaction costs. The striking disparity emerged alongside record companywide revenue, soaring loan originations and 17.1 million members. Crypto Returns to a Rapidly Expanding Financial Platform SoFi Technologies (Nasdaq: SOFI) disclosed the figures on Tuesday, in […]
Source: https://news.bitcoin.com/crypto-news/sofi-q3-crypto-transactions-bring-161m-leave-little-behind/
