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SoFi is a one-stop digital financial platform that provides comprehensive financial services to individuals and businesses, including student and personal loans, home loans and refinancing, credit cards, bank accounts, investments, insurance, and a B2B fintech platform.
Robinhood, MetaMask, and Others Join the OTL Initiative: Attempting to Solve the "Missing Coordination Layer" Problem for On-Chain Finance
: Multiple institutions including Robinhood, MetaMask, and eToro, along with Fireblocks, Checkout.com, Cross River Bank, Securitize, Wintermute, and others, jointly announced their participation in the "Open Transaction Layer (OTL)" initiative, aimed at establishing a unified transaction coordination protocol layer for on-chain finance.OTL is positioned as an open protocol stack for coordinating identity verification, compliance validation, transaction messaging, and execution processes among wallets, institutions, and AI agents, addressing the integration fragmentation problem currently plaguing cross-institutional interactions in on-chain finance, where entities operate in silos.The current coalition members include payment companies, trading platforms, wallets, market makers, and custody and stablecoin infrastructure providers, including Robinhood, MetaMask, eToro, MoonPay, SoFi, Wintermute, among others, as well as foundations from multiple public chains such as TON, Solana, Stellar, and Polygon. (Financefeeds)
SoFi Deploys Stablecoin on Solana, Emphasizing Low-Cost and High-Efficiency Settlements
SoFi Technologies has announced the expansion of its stablecoin, SoFiUSD, to the Solana network, attracted by its low costs, high throughput, and rapid settlement capabilities.Launched in 2025 as a fully reserved US dollar-pegged stablecoin, SoFiUSD was initially deployed on Ethereum, designed to provide banks, fintech companies, and enterprises with near real-time settlement infrastructure available 24/7.As the regulatory framework gradually becomes clearer, banks and financial institutions are accelerating their entry into the stablecoin赛道, competing with major issuers such as Tether and Circle.
SoFi Q2 crypto trading revenue increased 10% QoQ to $134.3 million
According to The Block, SoFi's crypto trading revenue in the second quarter increased 10% quarter-over-quarter, reaching $134.3 million, with net income of approximately $1.2 million after deducting $133.1 million in transaction costs. Meanwhile, SoFi's stablecoin SoFiUSD has begun processing 24/7 business payments through its business banking platform Big Business Banking, and went live for retail users in May, supporting buying, selling, holding, and exchanging on Ethereum and Solana.
Bitget Stock Perpetual Contracts List SHAZ, SOFI, PENG
Odaily Odaily reports, according to official announcements, Bitget has listed three stock perpetual contracts: SHAZ (SharonAI), SOFI (SoFi Technologies), and PENG (Penguin Solutions).These contracts are settled in USDT, support up to 20x leverage, and offer 7×24 trading. As of now, Bitget stock contracts support a total of 246 underlying assets.
Bybit Today Lists Perpetual Contracts for SOFI, PANW, and PENGSTOCK US Stocks
Bybit today added three US stock perpetual contracts: SoFi Technologies (SOFIUSDT), Palo Alto Networks (PANWUSDT), and Penguin Solutions (PENGSTOCKUSDT), with a maximum leverage of 20x. At the time of listing, limited-time fee discounts are available: 0% fee for limit orders and 50% off for market orders.
Binance Will Launch SHAZ and Other USDT-Margined TradFi Perpetual Contracts
According to the official announcement, Binance will launch multiple USDT-margined TradFi perpetual contracts today, including SHAZUSDT (09:00 UTC), SOFIUSDT (09:05 UTC), PANWUSDT (09:10 UTC), and PENGUSDT (09:15 UTC) perpetual contracts, with US stocks SharonAI Holdings, SoFi Technologies, Palo Alto Networks, and Penguin Solutions as the underlying assets, supporting up to 25x leverage and 24/7 trading.
Robinhood, MetaMask, and Others Join the OTL Initiative: Attempting to Solve the "Missing Coordination Layer" Problem for On-Chain Finance
: Multiple institutions including Robinhood, MetaMask, and eToro, along with Fireblocks, Checkout.com, Cross River Bank, Securitize, Wintermute, and others, jointly announced their participation in the "Open Transaction Layer (OTL)" initiative, aimed at establishing a unified transaction coordination protocol layer for on-chain finance.OTL is positioned as an open protocol stack for coordinating identity verification, compliance validation, transaction messaging, and execution processes among wallets, institutions, and AI agents, addressing the integration fragmentation problem currently plaguing cross-institutional interactions in on-chain finance, where entities operate in silos.The current coalition members include payment companies, trading platforms, wallets, market makers, and custody and stablecoin infrastructure providers, including Robinhood, MetaMask, eToro, MoonPay, SoFi, Wintermute, among others, as well as foundations from multiple public chains such as TON, Solana, Stellar, and Polygon. (Financefeeds)
SoFi’s stablecoin SoFiUSD is now officially available to app users, supporting both the Ethereum and Solana networks.
According to The Block, SoFi’s stablecoin SoFiUSD has officially launched for app users. Pegged to the U.S. dollar, SoFiUSD is initially available on the Ethereum and Solana networks, supporting buying, holding, and exchanging. SoFi stated that over the coming weeks, it plans to roll out tokenized deposits backed by FDIC insurance, cross-border transfers, and integration with the Bullish exchange for institutional clients.
Related news
SoFi Q2 crypto trading revenue increased 10% QoQ to $134.3 million
According to The Block, SoFi's crypto trading revenue in the second quarter increased 10% quarter-over-quarter, reaching $134.3 million, with net income of approximately $1.2 million after deducting $133.1 million in transaction costs. Meanwhile, SoFi's stablecoin SoFiUSD has begun processing 24/7 business payments through its business banking platform Big Business Banking, and went live for retail users in May, supporting buying, selling, holding, and exchanging on Ethereum and Solana.
Bitget Stock Perpetual Contracts List SHAZ, SOFI, PENG
Odaily Odaily reports, according to official announcements, Bitget has listed three stock perpetual contracts: SHAZ (SharonAI), SOFI (SoFi Technologies), and PENG (Penguin Solutions).These contracts are settled in USDT, support up to 20x leverage, and offer 7×24 trading. As of now, Bitget stock contracts support a total of 246 underlying assets.
Bybit Today Lists Perpetual Contracts for SOFI, PANW, and PENGSTOCK US Stocks
Bybit today added three US stock perpetual contracts: SoFi Technologies (SOFIUSDT), Palo Alto Networks (PANWUSDT), and Penguin Solutions (PENGSTOCKUSDT), with a maximum leverage of 20x. At the time of listing, limited-time fee discounts are available: 0% fee for limit orders and 50% off for market orders.
Binance Will Launch SHAZ and Other USDT-Margined TradFi Perpetual Contracts
According to the official announcement, Binance will launch multiple USDT-margined TradFi perpetual contracts today, including SHAZUSDT (09:00 UTC), SOFIUSDT (09:05 UTC), PANWUSDT (09:10 UTC), and PENGUSDT (09:15 UTC) perpetual contracts, with US stocks SharonAI Holdings, SoFi Technologies, Palo Alto Networks, and Penguin Solutions as the underlying assets, supporting up to 25x leverage and 24/7 trading.
Digital Asset Completes $355 Million Funding Round Led by a16z crypto
According to Odaily, Digital Asset, the developer of the Canton network, has announced the completion of a $355 million equity funding round, led by a16z crypto. Participating investors include subsidiaries of the Abu Dhabi Investment Authority, Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&P Global, SBI Group, SoFi, Tradeweb, and others. The project's primary business is developing the Canton blockchain network designed for institutions. The funds will be used to accelerate partnerships with institutional players, pursue mergers and acquisitions, and participate in related projects. (The Block)
Robinhood, MetaMask, and Others Join the OTL Initiative: Attempting to Solve the "Missing Coordination Layer" Problem for On-Chain Finance
: Multiple institutions including Robinhood, MetaMask, and eToro, along with Fireblocks, Checkout.com, Cross River Bank, Securitize, Wintermute, and others, jointly announced their participation in the "Open Transaction Layer (OTL)" initiative, aimed at establishing a unified transaction coordination protocol layer for on-chain finance.OTL is positioned as an open protocol stack for coordinating identity verification, compliance validation, transaction messaging, and execution processes among wallets, institutions, and AI agents, addressing the integration fragmentation problem currently plaguing cross-institutional interactions in on-chain finance, where entities operate in silos.The current coalition members include payment companies, trading platforms, wallets, market makers, and custody and stablecoin infrastructure providers, including Robinhood, MetaMask, eToro, MoonPay, SoFi, Wintermute, among others, as well as foundations from multiple public chains such as TON, Solana, Stellar, and Polygon. (Financefeeds)