The company reported $1.2 billion in total net revenue, up 43% from a year earlier, while net income rose 61% to exceed $156 million. “Despite continued market uncertainty, our business model continues to prove its durability,” SoFi CEO Anthony Noto stated. Membership grew 35% year-over-year to 15.8 million, supported by 1.1 million new members added during the quarter. SoFi grows crypto business with SoFiUSD and enterprise platformSoFi reported continued growth across its crypto business in the second quarter, with SoFi Crypto exceeding 388,000 products as digital asset adoption expanded on the platform. SoFi also launched Big Business Banking, a regulated platform that combines fiat and crypto banking services for institutional and enterprise clients.