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SoFi's stock price has surpassed $32, reaching a new all-time high, with rapid progress in its encryption business.

On November 12, according to market data, the stock price of SoFi Technologies (SOFI), a financial technology company listed in the US stock market, broke through $32, reaching a historic high, with an intraday increase currently reported at 4.2%, and a market capitalization of $38.89 billion, with a trading volume reported at $1.021 billion. SoFi initially focused on student loan refinancing and has expanded into today's comprehensive digital Financial Service platform, with a surge in revenue from fees in the third quarter, setting new performance records. SoFi CEO Anthony Noto stated at the end of last month that SoFi is expected to launch crypto trading this year and that “SoFi Dollar stablecoin will be launched in the first half of 2026.” According to yesterday's news, SoFi has become the first national chartered bank in the US to offer Bitcoin and Crypto Assets trading.

BTC-1.99%
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