SoFi, listed on NASDAQ, resumes virtual asset business after 2 years… Launches remittance service
Heecheol Yang
Summary
- SoFi has announced that it will resume virtual asset trading services after 2 years.
- SoFi stated that it will launch a blockchain-based overseas remittance service and also provide lending and staking functions.
- SoFi expects innovation across its entire business by introducing a system for the conversion and transfer of fiat and virtual assets.
Online banking company SoFi, listed on NASDAQ, is resuming its virtual asset (cryptocurrency) trading service after about two years.
According to Cointelegraph on the 26th (local time), SoFi announced, "We are launching a blockchain-based overseas remittance service and will also provide lending and staking functions."
Anthony Noto, CEO of SoFi, said, "We are very pleased that our company can innovate all aspects of our business through blockchain and virtual assets," adding, "The new remittance service that SoFi is planning to launch will convert fiat currency to virtual assets, transfer it via blockchain, and then convert it back to the fiat currency of the recipient's country."
Heecheol Yang
heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
