Zerohash, which provides on-chain infrastructure for businesses to offer trading, stablecoin payments, and more, raised a $104M Series D-2 at a $1B valuation
Funding round draws Morgan Stanley, SoFi and Apollo, underscoring rising demand for regulated on-chain infrastructure
A profile of Figure CEO Mike Cagney, now a billionaire after Figure's post-IPO surge; he resigned as SoFi's CEO in 2017 after several workplace controversies
It took him a few tries, but Mike Cagney is now a billionaire. — Shares of blockchain-based lender Figure Technology Solutions Inc …
SoFi plans to bring back crypto investing in 2025 after dropping it in 2023 to get a bank charter, forcing users to move to Blockchain.com or liquidate holdings
Hugh Son / CNBC :
SoFi tells its crypto customers to liquidate their accounts or move holdings to Blockchain.com by December 19, as it exits crypto due to regulatory scrutiny
or possibly face a big tax bill Mark Matousek / The Information : SoFi Shutting Down Its Crypto Business Jack Kubinec / Blockworks : SoFi shutters crypto trading following Fed regulation X: Matt Walsh...
SoFi will acquire Technisys, which makes tools for banks, for around $1.1B in an all-stock deal; after going public via SPAC, SoFi's stock is down 28% in 2022
The all-stock deal is CEO Anthony Noto's latest move to make the onetime student lender into a full-service bank
The US OCC and Federal Reserve approve SoFi's bid to become a bank holding company via its Golden Pacific Bancorp acquisition; SoFi stock jumps 16%+ after hours
- San Francisco-based SoFi got approval from its two key regulators to become a bank holding company.
SoFi, which went public via a blank-check company run by Chamath Palihapitiya, closes its first day of trading up 12.41%
SEC filing: Figure, which uses blockchain to provide loans and is led by Mike Cagney, ex-CEO of SoFi, plans to raise $250M via a SPAC
Adam Tempkin / Bloomberg :
Coinbase shares an internal email on an upcoming NYT story alleging several Black employees had negative experiences, says it “will paint an inaccurate picture”
none — ever gives you a generous, long runway to respond in the future https://twitter.com/... Eli Dourado / @elidourado : Fools! Didn't you know that when an elite reporter comes after your livelihoo...
Samsung unveils Samsung Money, a Samsung Pay-linked debit card program launching later this summer, in partnership with SoFi and Mastercard
Launching in partnership with SoFi and Mastercard — Samsung has announced further details for its upcoming debit card program …