SoFi Technologies Inc (NASDAQ: SOFI) shares are trading higher Tuesday as risk appetite improves with major index ETFs advancing.

SoFi Technologies Inc (NASDAQ: SOFI) shares are trading higher Tuesday as risk appetite improves with major index ETFs advancing.

SoFi stock gained after the company added SoFiUSD, a bank-issued stablecoin, directly to its app.

SoFi shares are rising Friday pre-market on rollout of a new US dollar stablecoin feature, adding crypto-adjacent angle to platform.