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Fintech company SoFi expands investment services, integrating equity from unlisted giants like OpenAI and SpaceX.
[Financial Technology Company SoFi Expands Investment Services, Integrates Equity of Unlisted Giants such as OpenAI and SpaceX] Financial technology company SoFi announced the expansion of its investment opportunities, allowing users to invest in well-known unlisted startups such as OpenAI, SpaceX, and Epic Games through its platform. SoFi will collaborate with asset management companies such as Cashmere, Fundrise, and Liberty Street Advisors to provide investment channels for these private market funds. This service aims to lower the entry barrier, with a minimum investment amount of only $10, covering multiple high-growth sectors including artificial intelligence, aerospace technology, and healthcare. SoFi CEO Anthony Noto stated that this move offers a more diverse range of alternative investment options for a new generation of investors. SoFi has previously supported cryptocurrency trading and is now joining companies like Robinhood and Republic to provide retail investors with exposure to private company equity, but unlike others that use tokenization, SoFi primarily offers this through a fund format.