SoFi | Digital Bank Resumes Crypto Services | Market Impact Expected
Edited By
Tomohiro Tanaka
SoFi Technologies is back in the cryptocurrency game after a two-year pause. The firm reintroduced its crypto trading services on June 26, 2025, aiming to capture market interest. With the blockchain industry growing and regulatory conditions improving, SoFi's return is timely and strategic.
The Return of Crypto Services
This new phase includes crypto trading, on-chain remittances, and plans for stablecoin offerings. Commenters expressed excitement, with one saying, "Yes sir!! More liquidity to ETH. This means bigger institutional adoption for Ethereum." SoFi's Galileo platform will also support third-party crypto services, showcasing the company's ambition in the evolving digital finance space.
User Reactions
The community response reflects enthusiasm and optimism.
"Pulled out and less than 2 years, Sofi is back in the game!"
Others highlighted the positive aspect of taking strategic breaks: "It’s better to take a break off things than quit entirely."
Some see the move as a reaction to crypto's mainstream acceptance: "They’ve seen that crypto is going mainstream now and don’t want to miss out."
The Bigger Picture
This decision could positively affect liquidity in major cryptocurrencies, particularly Ethereum. As people continue to express support for the return, more institutions may consider utilizing SoFi’s services for transactions and investments.
Key Insights
🚀 SoFi's crypto services return less than two years after a pause
🪙 New offerings include trading, remittances, and stablecoin plans
📈 Users optimistic about increased institutional interest and market liquidity
"Good times 😊" - A community sentiment that reflects overall positivity towards the change.
With the cryptocurrency market showing resilience, SoFi's decision to resume operations could well be a turning point in its strategy and a boon for the crypto economy.
Predictions on SoFi's Crypto Strategy
As SoFi resumes its crypto offerings, experts estimate a strong chance of increased trading volume, particularly in Ethereum and Bitcoin. With the growing acceptance of cryptocurrency among institutions, around 60% might engage with SoFi’s services over the next year, driven by potential tax benefits and investment diversification. Furthermore, analysts suggest that SoFi could see substantial revenue growth, potentially doubling its crypto-related income by mid-2026. If user engagement continues to rise, it could also prompt additional strategic partnerships with blockchain firms, enhancing SoFi’s competitive edge in the digital finance arena.
A Journey Through Time: Commerce and Innovation
Looking back, the resurgence of SoFi's crypto services mirrors the revival of the dot-com boom in the late '90s. Just as companies like Amazon and eBay emerged stronger after the tech bubble burst, so too might SoFi find a more robust position in the crypto space. The initial setbacks faced by these businesses paved the way for more sustainable and innovative approaches to online sales. This parallel suggests that SoFi’s cautious return could set the stage for not just recovery, but transformative growth, reshaping the landscape of digital banking once again.