Key Points SoFi is evolving beyond its roots. Financials are improving quickly. There are other growth avenues beyond traditional banking. 10 stocks we like better than SoFi Technologies › SoFi Technologies (NASDAQ: SOFI) has faced plenty of sceptics since going public in 2021. Many investors viewed it as a niche player in student loan refinancing, doubting it could ever achieve profitability. Fast-forward to today, and SoFi not only generates consistent profits, it's expanding into new areas tha ...

All right. Uh, according to new CNBC reporting, Morgan Stanley is now close to offering crypto trading through its Erade platform. The firm calling the move the tip of the iceberg. CNBC banking reporter Hugh Sun has that exclusive story and he joins us now. Hugh, it's it's funny to think given how ubiquitous individuals trading crypto is that there are still very large firms that don't really offer. Yes. Yeah. Let me explain why this is a big deal at least for the likes of Morgan Stanley which is up to this ...

Morgan Stanley is preparing to launch crypto trading for retail clients through its E-Trade division, marking one of Wall Street’s boldest steps yet into digital assets. The move comes just days after the bank’s chief investment officer (CIO) recommended gold over Bitcoin as a hedge against inflation. Related: Morgan Stanley recommends gold over 'hard asset' in inflation strategy According to a memo obtained by CNBC, Morgan Stanley will begin offering crypto trading in the first half of 2026 via a partne ...

Morgan Stanley is taking a significant step into the digital asset space by bringing crypto trading to its E*Trade platform. The new service is expected to go live in the first half of 2026, giving millions of retail investors direct access to popular cryptocurrencies. The initiative is made possible through a strategic partnership with Zerohash. This company provides the underlying infrastructure for digital asset services. According to a report from Reuters on Sept. 23, the platform will initially allow ...

公司战略 - 摩根士丹利计划在2026年上半年通过E-Trade部门向零售客户提供加密货币交易服务[1][2] - 公司采用与初创企业Zerohash合作的伙伴模式 后者提供流动性 托管和结算支持 摩根士丹利同时对Zerohash进行了投资[2] - 公司正在开发强大的钱包基础设施 旨在成为客户数字资产的托管方 这被视为其更广泛战略的关键组成部分[3] 行业前景 - 公司认为加密货币领域具有巨大潜力 不仅将其视为客户的投资工具 更看好分布式账本技术(DLT)和更广泛的代币化应用前景[3] - 此次举措被公司视为财富管理行业的变革性时刻 加密货币交易服务只是整体战略的冰山一角[3]

A recent flood of institutional demand for blockchain technology has helped to mint a new unicorn. Zerohash, a crypto and stablecoin infrastructure company headquartered in Chicago, announced Tuesday that it had raised $104 million at a $1 billion valuation. Interactive Brokers, a publicly traded brokerage, led the round. In a crowded field of infrastructure companies, Zerohash has carved out a name for itself by helping financial institutions and fintechs build out their own products for stablecoins, c ...

Crypto infrastructure startup Zerohash has raised $104 million in funding with backing from financial firms including Morgan Stanley and SoFi, CNBC has learned.The Series D round was led by Interactive Brokers, the global automated trading firm, and includes strategic investors who are also clients of Zerohash, founder and CEO Edward Woodford told CNBC in an interview. The company is valued at $1 billion, he said."We wanted to raise from the largest, most trusted brands in the world and have that be the bri ...

Coinbase’s CEO says the crypto exchange is no longer just a trading venue — it’s building a fintech “super app” that can replace legacy banks. “We do want to become a super app and provide all types of financial services,” Brian Armstrong told Fox Business. “We want to become people’s primary financial account.” Armstrong also hit back against the banking lobby for “throwing a wrench into things” by responding to the challenge from crypto companies by warning that a new US stablecoin law, the Genius Act, ...

Crypto custody provider BitGo has secured regulatory approval in Germany to expand into digital asset trading, making it one of the few firms in Europe licensed to provide custody, staking, and trading under a single framework.The green light from Germany’s financial regulator BaFin allows BitGo Europe, based in Frankfurt, to offer both over-the-counter (OTC) and electronic trading for a wide range of cryptocurrencies and stablecoins, the company said on Wednesday. The move extends BitGo’s business beyond i ...

Gemini Space Station Inc. increased its initial public offering (IPO) target to $433.3 million after oversubscribed demand prompted a price range increase to $24-$26 per share from the original $17-$19 range. According to the Bloomberg report, the Winklevoss twins’ crypto exchange achieved a $3.1 billion valuation at the top of the elevated range. Nasdaq committed $50 million in a private placement at the IPO price, contingent on successful closing. The investment adds credibility while establishing par ...