Key Takeaways
- SoFi Applied sciences mentioned it is including new private-market funds providing publicity to startups like OpenAI and SpaceX.
- The funds have funding minimums as little as $10, nicely beneath what’s required by a few of its different private-market funds.
- The transfer additionally comes after Robinhood final week mentioned it might provide “tokenized” stakes of OpenAI and SpaceX to customers in Europe.
SoFi Applied sciences (SOFI) mentioned Tuesday it is including new private-market funds providing publicity to startups like OpenAI and SpaceX.
The brand new funds are supposed to broaden entry to investments in a variety of personal corporations “throughout AI, machine studying, area expertise, client merchandise, healthcare, e-commerce, and monetary expertise,” SoFi mentioned.
Additionally they have funding minimums as little as $10, nicely beneath what’s required by a few of its different private-market funds, such because the $25,000 minimal for SoFi’s Cosmos Fund, which affords publicity to SpaceX as nicely. SoFi mentioned it’s working with asset managers Cashmere, Fundrise and Liberty Avenue Advisors to supply the funds.
“SoFi is increasing different funding alternatives for a brand new technology of buyers,” SoFi CEO Anthony Noto mentioned in a launch. Shares of SoFi rose practically 4% Tuesday, and have added near a 3rd of their worth thus far in 2025.
The transfer additionally comes after Robinhood (HOOD) final week mentioned it might provide “tokenized” stakes in OpenAI and SpaceX to customers in Europe. OpenAI distanced itself from the providing, writing, “These ‘OpenAI tokens’ should not OpenAI fairness. We didn’t companion with Robinhood, weren’t concerned on this, and don’t endorse it.”
