2023-11-30 19:00 |
Web3 is confusing because it’s still in its formative stages. Nobody quite knows which inventions will shape it next.
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Online banking firm SoFi Technologies is leaving the crypto market, urging customers to migrate assets to Blockchain.com. SoFi Technologies Inc., an online banking platform, is set to leave the cryptocurrency market as the firm has notified its customers they need…
The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday.
“You can agree to have your account migrated to Blockchain.com or close your account instead,” the company wrote.
Bitcoin billionaire Palihapitiya will use earnings from the sale to fund other “future-shaping technologies” for his venture firm.
Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services.
US-based personal finance company Social Finance (SoFi) obtained the approval from the New York State Department of Financial Services (NYDFS) for its BitLicense application. New Yorkers Can Trade Cryptos via SoFi Digital Assets The NYDFS has permitted Social Finance to provide crypto trading services to its New York customers via its subsidiary SoFi Digital Assets.