Fun

Online Lender SoFi to Launch Bitcoin and Ethereum Trading Next Week

News Feed - 2019-09-26 01:09:17

Online lender SoFi announced its crypto trading platform will go live next Tuesday.


Bitcoin, ethereum and litecoin will be the first digital assets available to trade on its SoFi Invest platform, CEO Anthony Noto told Fortune in an interview published on Wednesday.


With the new platform, SoFi joins a number of digital-first trading firms – including eToro and Robinhood – to enter the crypto market.


Noto said cryptocurrency trading option has been long-requested by his firm’s clients. The firm targets millennial investors through its student loan consolidation service.


Coinbase was tapped to provide the firm’s crypto liquidity, as previously announced in February. The partnership will also allow SoFi customers to track crypto price movements.


The firm states it hopes to become registered in all 50 states within a few months, noting that trading will not be available in New York or New Jersey at launch.


Business miniature photo via Shutterstock

News Feed

Gemini launches campaign finance initiative for pro-crypto candidates
Vince Quill1 hour agoGemini launches campaign finance initiative for pro-crypto candidatesThe announcement from Gemini followed $2 million in personal donations from the Winklevoss brothers to former President Trump"s re
Layer-2 rollups must decentralize sequencers or face the consequences
Tom Ngo16 hours agoLayer-2 rollups must decentralize sequencers or face the consequencesCentralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $
Ethereum Price Breaks Above Massive Triangle – Next Target: $10,000
Este artículo también está disponible en español. Recent price action has seen the Ethereum price breaking above the $4,000 price level again to drive euphoria among cryp
Tristan Greene16 hours agoElon Musk’s new AI startup is as ambitious as it is doomedThe public perception surrounding AI’s abilities is no match for the laws of physics.1332 Total views15 Total sharesListen to articl
Helen Partz21 minutes agoSouth Korean city to seize crypto from thousands of tax evaders: ReportCity authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the g
BNB rallies to $600 and traders call for higher — Does data support this view?
Marcel Pechman3 hours agoBNB rallies to $600 and traders call for higher — Does data support this view?Many traders believe Changpeng Zhao’s release will send BNB price into the $700 to $1,000 range, but does BNB Cha
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets A group of U.S. banking regulators is working on how banks can be allowed to offer crypto service
Decentralized TV Advances as Cudos Ties Up With Sator and Crypto-Themed Series “Hold on for Dear Life”
Decentralized TV Advances as Cudos Ties Up With Sator and Crypto-Themed Series “Hold on for Dear Life” As blockchain technology expands its horizons, attenti
Tom Mitchelhill8 hours agoDo Kwon says SEC’s extradition request is impossibleThe Terraform Labs co-founder has pushed back against the SEC’s request to question him in the United States.4095 Total views18 Total shar
BlackRock surpasses $10.6T record AUM boosted by ETF inflows
Zoltan Vardai10 hours agoBlackRock surpasses $10.6T record AUM boosted by ETF inflowsThe asset manager saw record ETF inflows at the beginning of the year, helping it surpass the $10 trillion mark.3082 Total views2 Total
Rakesh Upadhyay4 hours agoBitcoin price stability creates lucrative setups in TON, XMR, MNT and QNTBitcoin price holding $26,000 could open up some bullish trading opportunities in TON, XMR, MNT and QNT.1282 Total views2
Visa Grants Principal Membership to Crypto Payments Platform Wirex
Visa Grants Principal Membership to Crypto Payments Platform Wirex London-based crypto-payments platform Wirex can now issue Visa accounts and process transactio