Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

SoFi books $161.6M in gross crypto revenue in Q3, keeps $1.6M of it

Picture: Crypto Briefing

The fintech's relaunched crypto platform is moving serious volume, but nearly all of the gross figure is offset by the cost of the trades themselves SoFi Technologies reported $161.6 million in gross crypto transaction revenue for the third quarter. After costs, it kept $1.6 million. That gap is the whole story. The headline number looks like a crypto business rivaling a mid-sized exchange. The net number looks like a rounding error on a fintech that just posted a $241 million profit. SoFi (NASDAQ: SOFI) released its Q3 results on October 27, 2026, covering the quarter that ended September 30, 2026.

You are reading an excerpt. Crypto Briefing wrote and owns the full article.

Continue reading at cryptobriefing.com

Related stories

Why Crypto Keeps Recreating Banks

Crypto, which was supposed to make financial middlemen optional, is today run by centralized exchanges, prime brokers, stablecoin issuers, and asset managers. This isn’t necessarily a failure of…

DeFi Planet

More crypto news

All Crypto & Bitcoin