SoFi Reports $161.6 Million in Q3 Crypto Transaction Revenue, Nets $1.6 Million
Photo: TokenPost
SoFi Technologies generated $161.6 million in crypto transaction revenue in the third quarter, while $159.973 million in related costs left $1.633 million in net crypto transaction revenue. Net crypto transaction revenue climbed from $1.183 million in Q2, when the gross line was $134.267 million and related costs were $133.084 million. The Q3 gross figure was about 20% higher than Q2, while net crypto transaction revenue increased about 38%. For the nine months ended Sept. 30, crypto transaction revenue totaled $417.466 million, costs were $413.798 million and net crypto transaction revenue was $3.668 million.
Also reported by The Defiant.
Source: TokenPost
