New York, Feb 12, 2026, 07:35 ET — Premarket
SoFi Technologies, Inc. (SOFI.O) shares were down 2.9% in premarket trading on Thursday, last at $20.55 after a prior close of $21.17. The dip came as SoFi Securities (Hong Kong) said it partnered with OSL Group to add digital-asset trading inside the SoFi Hong Kong app, the company’s first crypto expansion outside the United States. “Helping our members realize their ambitions means giving them total control,” said Annie Lok, vice president and head of SoFi Hong Kong. (PR Newswire)
The Hong Kong push gives investors a fresh read on how aggressively SoFi wants to build out investing features beyond its home market, and whether regulated crypto trading can broaden its product set in a crowded fintech field.
It also lands into a market that has been twitchy on rates. A stronger U.S. jobs report has pushed traders to dial back near-term bets on Federal Reserve cuts, and attention has shifted to inflation data and other releases that can move yields and growth stocks. (Reuters)
OSL said SoFi Hong Kong integrated its Omnibus Pro infrastructure, with OSL’s Hong Kong-licensed subsidiary handling trade execution, custody and wallet management. “The partnership between OSL and SoFi represents a significant step … into the mainstream financial ecosystem,” said Eugene Cheung, OSL’s chief commercial officer. SoFi Hong Kong said it is regulated by the Securities and Futures Commission and is a subsidiary of SoFi Technologies, which it said serves 13.7 million members worldwide. (OSL Global Exchange)
In a separate development for traders, Direxion said it launched a daily 2x bull single-stock ETF tied to SoFi. A leveraged ETF targets a multiple of a stock’s daily move, which can amplify gains and losses and tends to appeal to short-term positioning. “Our new Single Stock Leveraged ETFs give traders precise tools to express short-term views,” said Mo Sparks, Direxion’s chief product officer. (Direxion)
SoFi also announced a monthly distribution for its SoFi Enhanced Yield ETF (THTA), with an ex-date of Feb. 12 and payment set for Feb. 13, according to a release. (Businessinsider)
But the crypto rollout may not translate cleanly into near-term results. Take-up, trading intensity and regulatory guardrails in Hong Kong will matter, and digital-asset volumes can vanish quickly when volatility fades. A hotter inflation print could also lift yields and keep pressure on rate-sensitive fintech valuations.
The next near-term catalyst for markets is Friday’s U.S. Consumer Price Index report for January, due at 8:30 a.m. ET. (Bls)
