sofi

The Binance futures platform will launch the SHAZUSDT perpetual contract on July 21 at 17:00, the SOFIUSDT perpetual contract at 17:05, the PANWUSDT perpetual contract at 17:10, and the PENGUSDT perpetual contract at 17:15.Users can pay attention to subsequent announcements for more information.

According to BBX data, over the weekend, cryptocurrency concept stocks faced two significant substantive events related to publicly listed companies, with the core dynamics as follows:Bitcoin Depot Inc. (Nasdaq: $BTM, bankruptcy proceedings ongoing) completed all executive termination arrangements announced in its Chapter 11 bankruptcy restructuring process on July 17. According to the Form 8-K submitted to the SEC on May 18, 2026 (disclosed under the Worker Adjustment and Retraining Notification Act, WARN Act), the company issued layoff notices to all employees and executives immediately after filing for bankruptcy on May 17, with last Friday being the "expected effective date." Bitcoin Depot is one of the largest Bitcoin ATM operators in the United States (with over 7,000 machines in the U.S. and Canada at its peak), and its bankruptcy is one of the most representative cases of the collapse of a cryptocurrency infrastructure company during the 2026 bear market. The corresponding regulatory background includes: CFPB's enforcement pressure on cryptocurrency ATM service fees, tightening licensing requirements for cryptocurrency ATMs in various states, and a decline in retail cryptocurrency purchase volumes due to the bear market. Meanwhile, industry-wide pressures faced by similar companies providing ATM cash-to-crypto services, such as Coinstar, Coin Cloud, and PaySign, are also intensifying. Documents related to the restructuring process have been made public on the Kroll (claims agent) platform, and creditors can track progress at restructuring.ra.kroll.com/bitcoindepot.SoFi Technologies, Inc. (NASDAQ: $SOFI), as the only stablecoin directly issued by a U.S. national bank regulated by the OCC (SoFi Bank, N.A.), launched SoFiUSD on May 27. Over the weekend (July 18), it became the most direct regulatory test subject under the new framework as the deadline for the GENIUS Act regulatory agency's Customer Identification Program (CIP) rules approached. Regulators must finalize the CIP rules for the GENIUS Act by July 18, clarifying which stablecoin issuers can legally operate in the U.S. and the BSA/AML standards they must meet; there is a risk that the complete rule text may not be produced on time (there is a risk of delay), but even partial clarification of the framework will have a direct impact on SoFiUSD. SoFi's advantage lies in the fact that, as an issuer holding an OCC national bank charter, SoFiUSD falls under the category of "federally chartered stablecoin" in the GENIUS Act classification system, theoretically eligible for the most favorable regulatory treatment; Q1 2026 cryptocurrency trading revenue was $121.6 million, with a net income of approximately $852,000 after deducting costs in the cryptocurrency division. The stablecoin business is still in the early stages of strategic layout, with limited revenue contribution in the short term, but the establishment of the regulatory framework will determine the mid-term commercialization path.

Gate US announced a partnership with SoFi to become an infrastructure partner, helping to drive the future development of finance. As a national chartered bank, SoFi possesses strong financial strength, a solid regulatory foundation, and modern banking infrastructure, facilitating smoother connections between traditional finance and digital assets. Through this collaboration, Gate US has activated SoFi's Big Business Banking account, which is part of its ongoing efforts to build secure, compliant, and scalable financial solutions for the U.S. ecosystem.At the same time, Gate US is preparing to launch ACH and Wire functionalities. Once the ACH service is online, it is expected to allow users to link their bank accounts and make direct deposits into their Gate US accounts; the upcoming Wire feature aims to support larger and faster domestic transfers within the U.S. backed by institutional-grade banking infrastructure. Both functionalities are expected to be launched in the U.S. jurisdictions where Gate US is licensed, highlighting Gate US's compliance-first philosophy. Gate US holds MTL licenses in 36 states and operates in 47 jurisdictions across the U.S. In addition, multiple entities under Gate have completed relevant regulatory registrations, license applications, or received authorizations and approvals in jurisdictions such as Malta, the Bahamas, Japan, Australia, and Dubai. In the future, Gate US will continue to advance its compliance infrastructure, expand the accessibility of digital asset services, and provide users with safer and smoother financial solutions.

According to BBX data, the cryptocurrency market was under short-term pressure yesterday due to geopolitical shocks, but institutional capital flows showed a clear divergence from price trends. The core dynamics are as follows:BlackRock, Inc. (NYSE: $BLK) subsidiary iShares Bitcoin Trust (NASDAQ: $IBIT) experienced a decline in Bitcoin on July 13 due to the renewed tensions between the U.S. and Iran (with $253 million in leveraged positions being liquidated). However, according to CoinDesk's daily report, ETF capital flows maintained a net inflow trend, continuing the trend of capital returning after breaking a 10-day net outflow streak on July 4. On July 4, the single-day net inflow reached $221.7 million, the largest in nearly two months, with Fidelity FBTC attracting $166 million in a single day and ARK Invest ARKB attracting $91.8 million. Subsequently, IBIT exhibited a structural divergence of "price decline but no significant capital outflow" amid macroeconomic uncertainty, interpreted by analysts as a signal of institutional capital continuously accumulating at the bottom of the range rather than panicking. Today's June CPI will be announced at 8:30 AM ET; if inflation is lower than expected, it will provide the most direct macro trigger for a new round of daily net inflows into IBIT. Breaking the $64,000 resistance level for BTC will be a key technical node for the market to confirm a bottom rebound and for institutional capital to accelerate its return to IBIT. CryptoSlate analysis points out that this level is the starting point for "retesting the June 15 high of $67,250."SoFi Technologies, Inc. (NASDAQ: $SOFI) subsidiary SoFiUSD stablecoin (launched on May 27 as the first built-in stablecoin by a national bank in U.S. history, covering approximately 14.7 million members and supporting Ethereum and Solana chains) is facing a critical timeline for the implementation of the GENIUS Act: regulators must establish specific compliance guidelines for the customer identification program (CIP) rules in the GENIUS Act by July 18, 2026, determining which stablecoin issuers can legally operate within the U.S. This deadline is only 4 days away------if the CIP rules are implemented on time, SoFiUSD, as a stablecoin directly issued by a national bank regulated by the OCC (SoFi Bank, N.A.), is expected to automatically obtain the clearest compliance recognition, compared to Tether (USDT, registered in the British Virgin Islands) which has a first-mover compliance advantage under the U.S. regulatory framework; if the CIP rule details are vague or delayed, it will create short-term regulatory arbitrage opportunities for all non-bank stablecoin issuers. SoFi's Q1 cryptocurrency trading revenue was $121.6 million, with a net income of $852,000 after deducting costs from the cryptocurrency department.

According to BBX data, yesterday the intertwining news of traditional finance's entry into cryptocurrency and corporate reserve exits presented the following core dynamics:SoFi Technologies, Inc. (NASDAQ: $SOFI) announced through a BusinessWire official press release that its SoFiUSD stablecoin has officially opened to approximately 14.7 million members within the SoFi app, supporting buying, selling, holding, and conversion, becoming the first national bank in U.S. history to embed its own stablecoin within a banking app (the issuer is SoFi Bank, N.A., regulated by the OCC). SoFiUSD (on-chain code SOFID) is pegged 1:1 to the U.S. dollar and can be used on the Ethereum and Solana networks, with reserves backed by liquid assets and subject to regular independent CPA audits; in the coming weeks, tokenized deposits and 24/7 cross-border transfer functions will be launched, and an institutional trading channel will be opened in collaboration with Bullish exchange. SoFi CEO Anthony Noto stated, "Users no longer have to choose between blockchain technology and regulated bank products." The company's Q1 2026 crypto trading revenue reached $121.6 million, with a net income of approximately $852,000 after costs; SoFiUSD is not insured by FDIC or SIPC, does not constitute legal tender, and on-chain transactions are generally irreversible.Coinbase Global, Inc. (NASDAQ: $COIN) and the prediction market platform Kalshi announced that the two platforms have received approval from the CFTC to launch cryptocurrency perpetual contract products for U.S. customers, becoming the first exchanges approved to offer such products within the U.S.; this move by the CFTC officially brings perpetual contracts from a regulatory gray area into the federal derivatives legal framework, and a policy statement was released simultaneously, indicating that future applications for perpetual contracts in other asset classes will be reviewed on a case-by-case basis. In 2025, the global trading volume of cryptocurrency perpetual contracts reached $61.7 trillion (up 29% year-on-year, according to CryptoQuant data), and the U.S. previously lacked regulated domestic trading venues. This approval is expected to drive a significant amount of institutional and retail funds back from offshore platforms to compliant channels in the U.S., with several other exchanges expected to follow suit with applications.Sequans Communications S.A. (NASDAQ: $SQNS) CEO Georges Karam clearly announced during the recent Q1 2026 earnings call that the company has completely terminated its previously initiated Bitcoin treasury reserve strategy. The company began its cryptocurrency layout in June 2025, raising approximately $384 million through debt and equity financing, and quickly accumulated 3,000 BTC by the end of July 2025; however, the crypto market crash in October 2025 triggered the company to deleverage, selling 970 BTC in November 2025 and another 1,025 BTC in Q1 2026; as of now, it holds approximately 658 BTC (completely debt-free, worth about $46.8 million), and the company stated it will gradually liquidate over time, with all funds returning to its core chip business. Sequans is an IoT/5G semiconductor company, and this case is one of the most significant "failed corporate Bitcoin reserve strategy cases" in 2026.

According to The Block, SoFi's stablecoin SoFiUSD is officially open to App users. This stablecoin is pegged to the US dollar and initially supports the Ethereum and Solana networks, allowing for buying, holding, and exchanging operations.SoFi also plans to launch tokenized deposits with FDIC insurance support, cross-border transfers, and Bullish exchange integration services for institutional clients in the coming weeks.

SoFi Technologies announced that its stablecoin SoFiUSD will expand to the Solana network, focusing on its low cost, high throughput, and fast settlement capabilities.SoFiUSD was launched in 2025 as a fully backed dollar stablecoin, initially deployed on Ethereum, aimed at providing 24/7 near real-time settlement infrastructure for banks, fintech companies, and enterprises. As the regulatory framework gradually clarifies, banks and financial institutions are accelerating their layout in the stablecoin sector, competing with leading issuers such as Tether and Circle.

According to The Block, SoFi has officially launched a banking platform for enterprises called "Big Business Banking," which supports companies in managing fiat and crypto assets within a single regulated system.The platform operates under SoFi's national bank charter, providing 24/7 payment and liquidity management services, supporting API-driven payments for fiat, SoFiUSD stablecoin, and specific cryptocurrencies, and includes tools for converting between fiat and digital assets, including the minting and burning functions of SoFiUSD.The first batch of partner institutions includes Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, and Jupiter, with the underlying infrastructure built on Solana and other blockchain networks.

American digital bank SoFi has announced a strategic partnership with Mastercard to integrate SoFi's stablecoin SoFiUSD into Mastercard's global payment network and its digital asset platform, Mastercard Multi-Token Network (MTN). SoFiUSD is built on a public, permissionless blockchain and was first announced by SoFi at the end of last year.Sherri Haymond, Mastercard's Global Digital Commerce Lead, stated that this collaboration aims to expand the global application scale of trusted digital currencies. SoFi had resumed its cryptocurrency trading services last November after previously suspending related operations in 2023 due to regulatory uncertainties.This partnership is also the latest move by Mastercard to continue its blockchain strategy. In June of last year, Mastercard partnered with Chainlink to allow cardholders to purchase cryptocurrencies directly on-chain.

The first national charter bank in the U.S. to offer Bitcoin and cryptocurrency trading, SoFi, now supports Solana network deposit functionality, allowing customers to deposit directly through its banking app.

According to The Block, driven by the expansion of its cryptocurrency business, SoFi Technologies, one of the largest online lending institutions in the United States, reported its first-ever quarterly revenue exceeding $1 billion in the fourth quarter, with a profit of $174 million.The company stated that it added 1 million new members in the fourth quarter, a record high, bringing the total membership to 13.7 million, a 35% increase compared to the same period last year.The San Francisco-based lending institution recently became the first nationally chartered bank to launch consumer cryptocurrency trading, and subsequently introduced the SoFiUSD stablecoin and blockchain-integrated remittance services in over 30 countries.

According to Businesswire, Nasdaq-listed digital financial technology company SoFi Technologies announced the launch of the fully reserved dollar stablecoin SoFiUSD, which is issued by the OCC-regulated deposit institution SoFi Bank, N.A., fully backed at a 1:1 cash ratio and redeemable immediately.The report states that SoFi's stablecoin infrastructure will enable banks, fintech companies, and corporate partners to leverage SoFi's regulatory, operational, and reserve framework to issue white-label stablecoins or integrate SoFiUSD into their settlement processes.

According to The Block, SoFi Bank has launched the dollar stablecoin SoFiUSD (1:1 cash reserve), claiming to be the first national bank in the U.S. to issue a stablecoin on a public blockchain.SoFiUSD is now live on Ethereum, providing near-instant, low-cost settlement 24/7 for banks, fintechs, and corporate partners, with plans to open it up to SoFi users. SoFi stated that cash reserves can be held in Federal Reserve accounts, shared profits, and support partner white-label issuance or direct access to settlement and payment processes. This stablecoin will also be used for card networks, retail settlements, SoFi Pay cross-border remittances, and POS payments. This year, several institutions are advancing stablecoins, including KlarnaUSD, Western Union's USDPT, and Stripe's USDB.

Financial technology company SoFi Technologies is seeking to raise $1.5 billion through a new stock issuance to expand its product lines beyond its lending business.The statement shows that the company is working with Goldman Sachs to advance this share offering. According to informed sources, the price range for the issuance is between $27.5 and $28.5 per share, representing a maximum discount of about 7.1% from Thursday's closing price of $29.6.

According to 4E observations, as of 11 AM this morning, the cryptocurrency market has generally weakened, with the AI sector experiencing a 24-hour decline of 6.33%, leading the market down, and Bitcoin falling below $104,000. Market analysis suggests that this round of correction is mainly influenced by macroeconomic uncertainties and a slowdown in ETF fund inflows, leading to a cooling of short-term risk appetite.The U.S. government shutdown may end this week, as bipartisan agreements have been reached in the Senate. After the shutdown is lifted, the SEC and CFTC will accelerate the resumption of regulatory and product approval processes. The SEC plans to prioritize the release of "exemptive relief" to support tokenization and cryptocurrency businesses, while continuing its investigation into digital asset treasury companies; the CFTC plans to promote "spot crypto trading and tokenized collateral" within the year and is negotiating with compliant exchanges to launch leveraged spot products as early as next month. Industry insiders expect that relevant bills will be submitted for presidential signature after coordination between the Banking Committee and the Agriculture Committee.Meanwhile, SoFi has re-entered the cryptocurrency space with the launch of SoFi Crypto, supporting the trading of assets such as Bitcoin, Ethereum, and Solana, and integrating its banking services. This return marks SoFi's restart of this sector after suspending cryptocurrency services in 2023, indicating a resurgence of interest from traditional financial institutions in the compliant market.In addition, the scale of tokenized assets on Ethereum has surpassed $200 billion, accounting for about two-thirds of the total tokenized assets across the network. Since the beginning of 2024, this sector has grown nearly 20 times, primarily driven by institutions like BlackRock and Fidelity pushing traditional assets onto the blockchain.4E Commentary: Macroeconomic volatility combined with the resumption of regulation puts short-term pressure on the cryptocurrency market, but the re-entry of SoFi and traditional asset management institutions may open a new phase for the integration of on-chain assets and mainstream finance.

The publicly traded financial services company SoFi has launched SoFi Crypto, allowing users to trade Bitcoin, Ethereum, Solana, and other crypto assets while also utilizing the company's other banking services.This release marks the company's first return to the cryptocurrency space since 2023, after it terminated its cryptocurrency services following "careful consideration."