SoFi Technologies traded higher on Tuesday, standing out against a broader selloff in technology stocks, according to Benzinga. The report said traders continued to lean into the company’s crypto-adjacent narrative after the rollout of its SoFiUSD stablecoin.
The key point in the report was not a broad-based rebound in technology names, but the individual move in SoFi shares while the wider tech group was under pressure. SoFiUSD has placed the company in a crypto-related discussion among traders, with the stablecoin rollout serving as the central reference point for that narrative.
The item was published by Benzinga under its market analysis coverage with the headline, “SoFi Stock Is Climbing Despite A Broader Tech Selloff: What's Going On?” The input data lists the article’s importance rank as 1 and gives the publication time as 2026-06-16T20:07:15.000Z.