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SoFi stock jumps 15% on record quarter as crypto products reach 503,000

SoFi stock jumps 15% on record quarter as crypto products reach 503,000
AI summary

SoFi shares jumped 14.6% to $16.56 after the company reported a record third quarter, with adjusted EPS of $0.18 beating estimates. Its crypto business reached 503,070 products, signaling continued retail demand for digital assets through a regulated fintech channel. Traders may read the results as evidence that crypto-adjacent fintech revenue is holding up, a modest positive for sentiment around mainstream crypto adoption.

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1 linked story · 2 outlets · since 27 Oct
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    SoFi stock jumps 15% on record quarter as crypto products reach 503,000
    Bitcoin Magazine · Score 45
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