SoFi Technologies, Inc. (SOFI) has launched expanded access to pre-IPO companies like OpenAI and SpaceX through new private market funds, starting with a $10 minimum investment. This initiative aims to democratize access to high-growth firms across various sectors, making it easier for over 10.9 million account holders to invest in tech giants. The partnerships with Cashmere and Fundrise enhance SoFi’s offerings, blending entertainment and real estate into technology investment strategies. Cashmere targets early-stage firms while Fundrise, as a leading alternative asset manager, focuses on private equity opportunities with significant growth potential. Additionally, Liberty Street Advisors strengthens SoFi’s private equity lineup, providing institutional expertise and streamlined access to exclusive investments. With these strategic rollouts, SoFi is positioned to diversify portfolios and empower users with alternative investment opportunities, reinforcing its commitment to modern wealth-building tools in the competitive investment landscape.
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