When people think about blockchains, they often think about Bitcoin and cryptocurrency trading. But the technology could also change how money moves around the world. SoFi Technologies (NASDAQ: SOFI) is betting on that opportunity. In September, the digital financial services company began using its own digital dollar to settle transactions across its Mastercard card program. This could open a new growth opportunity for SoFi beyond banking and lending. But investors should keep one thing in mind: Processing more transactions does not automatically mean making more money. SoFi Technologies still needs to prove that its blockchain business can generate meaningful profits.
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