SoFi's Q3 Crypto Revenue Surges to $161.6M Amid Broader Business Growth
SoFi's crypto business generated $161.6M in gross revenue but retained just $1.6M after costs, as the company reported record overall earnings.
SoFi's crypto business generated $161.6M in gross revenue but retained just $1.6M after costs, as the company reported record overall earnings. JUST (JST) is trading at ₹13.24 ($0.139), up 0.4% since this brief published. This is an original Token Times brief synthesising 3 outlets (Bitcoin.com, The Block, Cryptopolitan), plus live market data, as of Tue, 27 Oct 2026 21:30:01 UTC.
The significant gap between gross and net crypto revenue highlights the high cost structure of SoFi's crypto operations, despite strong demand and integration within its expanding financial platform.
- SoFi's crypto gross revenue was $161.6M in Q3, up 20% from previous quarter.
- After costs, only $1.6M in net crypto revenue was retained.
- Total company revenue hit a record $1.39B amid surging loan originations.
- Crypto operations represent a small but growing part of SoFi's business.
Both Bitcoin.com and The Block report that SoFi's Q3 crypto gross revenue was $161.6M, representing a 20% increase from the previous quarter. They also agree that the company's total net revenue reached a record $1.39B. However, The Block emphasizes that this marks the first time SoFi has broken out crypto products separately in its financial reporting, while Bitcoin.com focuses on the striking disparity between gross and net crypto revenue.
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- SoFi's Q3 Crypto Revenue Surges to $161.6M Amid Broader Business Growth — this brief
SoFi Technologies reported $161.6 million in gross cryptocurrency transaction revenue for the third quarter, representing a 20% increase from the previous quarter. This figure, however, was significantly reduced after transaction costs, with the company retaining just $1.6 million in net crypto revenue.
The financial platform, which now boasts 17.1 million members, disclosed these figures alongside record companywide revenue of $1.39 billion. This marks the first time SoFi has broken out its crypto products separately in its financial reporting.
Multiple outlets, including 
Bitcoin.com and The Block, corroborate the $161.6 million gross revenue figure and the $1.39 billion total net revenue. However, they differ slightly in their emphasis, with The Block highlighting the novelty of the crypto product breakdown and Bitcoin.com focusing on the disparity between gross and net crypto revenue.
The company's crypto operations are part of a broader expansion in its financial services offerings, which include lending, investing, and banking services. Despite the high costs associated with crypto transactions, the segment shows potential for growth as SoFi continues to integrate crypto into its platform.
In the current market context, with the total crypto market cap at $2.77 trillion and Bitcoin up 1.09% in the last 24 hours, SoFi's crypto business represents a small but significant portion of its overall operations. The Fear & Greed Index stands at 48, indicating a neutral market sentiment.
Since this brief published about 2 hours ago, JUST (JST) has moved from ₹13.19$0.1384 to ₹13.24$0.139 — +0.38%.
The chart plots JST's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 JST ≈ ₹14.38 (about $0.139), down 0.1% over 24 hours. The rupee itself trades about 8.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
SoFi's Q3 Crypto Revenue Surges to $161.6M Amid Broader — questions & answers
How much did SoFi's crypto business generate in Q3?
SoFi's crypto business generated $161.6 million in gross revenue but only $1.6 million in net revenue after costs.
What was SoFi's total revenue in Q3?
SoFi's total net revenue reached a record $1.39 billion in Q3.
How does SoFi's crypto revenue compare to its overall revenue?
Crypto revenue represents a small portion of SoFi's overall revenue, with the company retaining just 1% of its gross crypto revenue after costs.
How much is 1 JUST worth in rupee today?
About ₹14.38 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.139. The rupee price moves with both JST's US-dollar price and the USDT/INR rate; use our JUST in rupee page for any amount.
Has JUST's price moved since this brief was published?
JST is up 0.38% since this brief first published — trading at ₹13.24 ($0.139) now versus ₹13.19 ($0.1384) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com, The Block, Cryptopolitan, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.