SoFi Technologies (NASDAQ: SOFI) raised its full-year profit forecast on Tuesday after reporting record third-quarter results that beat Wall Street expectations, driven by fee revenue and more user growth across its financial products.

CEO Anthony Noto said the company remains on track to launch crypto trading by the end of the year, with plans to roll out its own SoFi USD stablecoin in the first half of 2026 — marking its biggest step yet into the digital asset economy.

SoFi said adjusted revenue climbed 38% year-over-year to $950 million, surpassing analyst estimates of $886.6 million.

This move echoes that of banking giant Morgan Stanley. Earlier this quarter, Morgan…

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