JUST IN: 🇺🇸 SoFi partners with Lightspark to use #Bitcoin for remittances https://t.co/rNvINjcmR0 ...

Industry Trend - Digital bank SoFi 将使用 Bitcoin Lightning Network 进行汇款 [1] Technology Adoption - SoFi to leverage Bitcoin Lightning Network for remittances [1]

Company Overview - Figure Technology, a blockchain-based lending company founded in 2018, has filed for an IPO on Nasdaq with Goldman Sachs, Jefferies, and BofA Securities as lead bookrunners [1] - The company claims to be the largest non-bank provider of home equity lines of credit and has established over 160 partnerships for its loan origination system and capital marketplace [4] Financial Performance - For the six months ending June 30, Figure reported a revenue increase of 22.4% to $191 million and a profit of $29 million, compared to a loss of $13 million in the same period the previous year [2] Leadership and Organizational Changes - In April 2024, Figure appointed Michael Tannenbaum, former COO of Brex, as CEO, who previously worked with co-founder Mike Cagney at SoFi [8] - The company underwent a significant organizational change when Cagney spun off Figure Markets in early 2024, only to merge the entities back together a year later [9] Market Position and Strategy - Figure is expanding into cryptocurrency lending, having signed a financing agreement with Victory Park Capital for a securitized pool of crypto-backed loans, allowing asset owners to borrow against Bitcoin and Ethereum holdings with loan-to-value ratios up to 75% [5] - The company aims to capture opportunities in real-world asset tokenization, converting traditional assets into digital tokens for blockchain trading [10] Previous IPO Attempts and Industry Context - This is not Figure's first attempt at going public; the company previously planned a SPAC merger that was scrapped due to rising interest rates and regulatory challenges [10][11] - The IPO filing aligns with a trend of crypto-related companies seeking public listings, following the successful debut of Circle Internet Group and other crypto exchanges [12][13]

Let's bring in SoFi's Liz Thomas and RS Asset Management's Carrie Firestone who as you see are here at Post 9 as well. Well, ladies, nice to see you. Nice to see you, too.Liz, what do you think about what you just heard. I think it sounds pretty optimistic and I got to say I too much so. No, not too much.So I I think you have to take a long-term view in order to hop on that optimistic train at this point not only in the year but at this level of valuations at this point where we're waiting for so much data ...

SoFi co-founder Mike Cagney’s Figure Technology Solutions submitted a confidential draft S-1 filing to the U.S. SEC on Monday for a proposed IPO, with plans to go public later this year. The company, which describes itself as a “blockchain-native capital marketplace,” has previously raised a total of $120M. https://t.co/v44B5nKMX1 ...

Core Viewpoint - The article discusses the lack of positions held by Parkev Tatevosian, CFA, and The Motley Fool in the mentioned stocks, emphasizing their disclosure policy and potential compensation for promoting services [1] Group 1 - Parkev Tatevosian has no position in any of the stocks mentioned [1] - The Motley Fool also has no position in any of the stocks mentioned [1] - The disclosure policy of The Motley Fool is highlighted, indicating transparency in their operations [1]

Core Viewpoint - The current market is characterized as an asset bubble, and TQI offers tools and strategies to navigate this environment profitably [1]. Group 1: Company Overview - TQI was established in July 2022 with the mission to simplify, enhance enjoyment, and increase profitability in investing for all investors [2]. - The company publishes premium equity research reports on Seeking Alpha, providing a research library and performance tracker [2]. - TQI offers features such as highly-concentrated, risk-optimized model portfolios tailored to different stages of the investor lifecycle [2]. Group 2: Services and Offerings - In addition to equity research, TQI provides access to proprietary software tools and group chats for enhanced investor engagement [2]. - The company shares investing insights and tidbits through various platforms, including a free newsletter, Twitter, and LinkedIn [2].

SoFi shares dropped in late trading Tuesday, mostly wiping out earlier gains, after the provider of consumer financial services said it’s selling $1.5 billion of stock https://t.co/4dg9r9iKMD ...

SoFi's crypto plans include staking and borrowing options plus stablecoins, says CEO https://t.co/C5ZU8opT2r ...

Growth Opportunities - The company is experiencing 44% year-over-year revenue growth [1] - AI, blockchain, and crypto are expected to fundamentally change the financial services industry [1] Market Re-evaluation - Crypto and recent tech IPOs have led investors to re-evaluate the fintech sector [1] - Recent fintech IPOs have caused investors to re-examine the company [2] Financial Performance - The company has beaten the rule of 40 for 13 consecutive quarters [2]