SoFi Technologies And 2 Blockchain Stocks To Watch

Energy driven inflation is keeping central banks cautious on interest rates, which keeps attention on assets that move to different rhythms than traditional stocks and bonds. That is where companies linked to cryptocurrencies and blockchain technology become interesting. This article walks through three stocks from our curated crypto and blockchain shortlist, explaining what each business does and why some investors are watching them now.

The stocks covered below are a small sample of what crypto and blockchain investors are watching, and the full screen surfaced 18 more companies with equally detailed stories that are not featured in this article. If you want to identify and analyze those additional opportunities with more control, head straight into the Top Cryptocurrency and Blockchain Stocks screener

SoFi Technologies (SOFI)

SoFi Technologies is a San Francisco based fintech that offers an all in one app for borrowing, saving, spending and investing, with SoFi Crypto inside the SoFi Invest platform giving members direct access to digital assets. Most of its revenue still comes from traditional activities, led by the Lending segment at about US$2.4b, followed by Financial Services at about US$1.7b and the Technology Platform at about US$400 million. Crypto remains one part of a broader business mix rather than the main revenue driver. The stock is a large cap at about US$23.9b.