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

How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus
How the IRS Audits Cryptocurrency Tax Returns - Filing Expert Shares Example, Insights on AML Focus Tax season is one of the most dreaded times of the year for many, and when the
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
Terraform Labs Co-Founder Daniel Shin"s Firm Chai Reportedly Raided by Seoul Prosecutors Following the collapse of FTX, law enforcement officials are still dealing with the Terra b
Amaka Nwaokocha14 hours agoSEC vs. Coinbase: New lawyer Patrick Kennedy joins fightLawyer Patrick Kennedy files a motion to appear pro hac vice in the Coinbase vs. U.S. SEC lawsuit for the Chamber of Digital Commerce.235
Cristiano Ronaldo sued for promoting Binance, unregistered securities
Jesse Coghlan3 hours agoCristiano Ronaldo sued for promoting Binance, unregistered securitiesThe soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange.5912 Tot
Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High A few central banks have started selling tons of gold for the fi
Boba Network Introduces ‘Wagmi’ Options for Developers and Builders
Boba Network Introduces "Wagmi" Options for Developers and Builders Boba Network, an L2 (layer 2) expansion layer for Ethereum, has announced the launch of what it calls “Wa
Derek Andersen3 hours agoProgmat stablecoin platform takes shape as wallet, liquidity providers joinProgmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-cl
Best Meme Coins to Buy as Large Whale Buying Hints at an Upcoming Litecoin Rally
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum The private investment management firm with $402 billion in assets under
Bitcoin or bust: Companies add BTC to treasury for long-term potential
Aaron Wood10 hours agoBitcoin or bust: Companies add BTC to treasury for long-term potentialCorporations are increasingly adopting Bitcoin as a treasury asset, with companies like MicroStrategy, Tesla and Coinbase leadin
South African Court Grants Order to Liquidate Mirror Trading International After Investors Fail to Withdraw Their BTC
South African Court Grants Order to Liquidate Mirror Trading International After Investors Fail to Withdraw Their BTC A South African High Court recently granted
Tom Mitchelhill8 hours ago‘Buy Bitcoin’ search queries on Google surge 826% in the UKGoogle searches relating to purchasing Bitcoin have spiked worldwide following a significant rally in the price of BTC.5730 Total v