SoFi discloses 503,000 crypto products as gross crypto revenue hits $162 million

Fintech company SoFi has disclosed holding 503,000 crypto products for the first time, alongside reporting a gross crypto revenue of $162 million. In its latest financial disclosures, the firm revealed that gross crypto revenue rose by 20 percent year over year, contributing to a broader financial performance that included a record total net revenue of $1.39 billion for the period.
This breakdown offers a rare, transparent look inside a major fintech platform bridging traditional finance and digital assets. SoFi has gradually built out its digital asset offerings, allowing retail users to trade and hold various cryptocurrencies directly within its application. Until now, the exact scale and direct financial contribution of these digital asset products remained largely obscured within broader corporate revenue streams.
For the wider digital asset market, this milestone highlights the steady, organic integration of crypto services into mainstream consumer finance applications. As traditional financial institutions face increasing demand for digital asset exposure, platforms that successfully monetize these products while maintaining regulatory compliance are setting a benchmark for the sector. The reported growth demonstrates that retail interest persists even amid market fluctuations.
Industry analysts and market observers have noted that transparency from publicly traded and regulated entities helps validate the crypto sector's long-term economic viability. By detailing specific product counts and gross revenues, SoFi provides tangible data points that counter skepticism regarding consumer demand for fintech-driven crypto services.
As we look ahead, market participants will be watching to see if SoFi expands its digital asset catalog beyond current offerings. The integration of additional tokens, staking features, or advanced trading tools could further accelerate revenue growth and attract a broader user base as regulatory landscapes continue to evolve.
CoinMagnetic Team
Crypto investors since 2017. We trade with our own money and test every exchange ourselves.
Updated: October 2026
From our insights:
Related news

BNY adds XRP and RLUSD to custody as ledger invoice pilots unfold

McDonald's McRib return sparks internet theories about bitcoin price pumps

Crypto Market Structure Explained

Surveillance system flags hundreds of alerts daily as Polymarket probes midterm bets

Jordi Visser sees crypto outperforming artificial intelligence equities
