SoFi is partnering with Coinbase to offer cryptocurrency investing

26 Feb, 2019 | Updated: 27 Feb, 2019
by David Borman
Trading
SoFi is partnering with Coinbase to offer cryptocurrency investing

It was announced today by CNBC that financial startup SoFi will be working cryptocurrency investment into its platform starting in Q2 this year. The company is teaming up with Coinbase in order to allow users to not only check the prices of crypto but also buy and sell coins.

The cryptocurrency trading ability will be integrated into SoFi Invest, which was just launched this month. It was not announced which coins will initially by offered but major ones like Bitcoin and Ethereum are somewhat of an obvious choice. Because this is made possible by a partnership with Coinbase, perhaps all coins available through the market leader will be accessible.

CEO at SoFi, Anthony Noto, had the following to say to reporters on Tuesday:

"Our target audience wants to see what the price of cryptocurrency is, and to buy it... They have a desire to do that and in many cases they already are."

SoFi originally launched in 2011 with a focus on refinancing student loans, but has expanded to offer a variety of financial products. Cryptocurrency is just the latest offering to come from the company and hopefully proves that crypto is beginning to get some mainstream love. As always, stick with Chepicap for any updates on this exciting partnership!

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again startup and coinbase???? i'm afraid this partnership will help coinbase to destroy startup
26 Feb, 2019 - 23:21
coinbase destroys everything on its way. hope the startup will not be closed soon. but it can be scam as well coz coinbase partners are always not the reputable
27 Feb, 2019 - 08:48
I think that any startup will eventually regret partnering with Coinbase. How can you cooperate with the scammers from Coinbase what lie and do a fraud every time?
26 Feb, 2019 - 23:56
SoFi is partnering with very risky and unreliable coinbase. actually this company and especially exchange is known for arranging some kind of insider trading activities to make even more money
27 Feb, 2019 - 20:01
It seems to me that people should have a choice but coinbase is imposed to them
27 Feb, 2019 - 22:11
as a result of collaboration with coinbase sofi can become a bankrupt
27 Feb, 2019 - 22:46
if you invest in cryptocurrency with coinbase, you will be without money at all.
27 Feb, 2019 - 22:47
Coinbase isn’t reliable exchange when you want to invest assets!
28 Feb, 2019 - 21:01
coinbase does a lot of deals with different companies but i can not trust this exchange any longer. especially their last acquisiton of neutrino
23 Mar, 2019 - 12:04

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