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SoFi partners up with Coinbase to launch cryptocurrency trading

sofi-coinbase-cryptocurrency

SoFi announced on Tuesday, that the San Francisco-based company will allow users to buy digital currencies through a partnership with crypto exchange Coinbase, CNBC reports.

Crypto trading features on SoFi will be available in the second quarter of 2019

“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,” CNBC quoted Anthony Noto, the CEO of SoFi

According to the CNBC, the CEO declined to specify which digital currencies will be available to SoFi users.

“The buying, selling, and price-checking of whichever cryptocurrencies they allow will be enabled by a partnership with popular trading platform Coinbase,” CNBC reports.

“We’ll be rolling out a ton of new features over the next few months including SoFi-sponsored ETFs (learn more here), crypto trading, and amping up educational content around the experience to make sure we’re with you every step of getting your money right,” SoFi said on their website