SoFi Stock Price Surges Past $32 to Reach an All-Time High, Crypto Business Making Rapid Progress

BlockBeats News, November 12th, according to market data, the stock price of U.S.-based fintech company SoFi Technologies (SOFI) broke through $32 to hit a record high. The intraday gain is currently at 4.2%, with a market capitalization of $38.89 billion and a trading volume of $1.021 billion.

Originally focused on student loan refinancing, SoFi has expanded into today's comprehensive digital financial services platform, with its third-quarter fee revenue surging to achieve a new performance high. SoFi CEO Anthony Noto stated at the end of last month that SoFi is expected to launch crypto trading this year, and "the SoFi stablecoin will be launched in the first half of 2026."

In yesterday's news, SoFi became the first U.S. nationally chartered bank to offer Bitcoin and cryptocurrency trading.