SoFi warns its crypto customers to be wary of the volatile digital currency before buying, CEO Anthony Noto told CNBC on Thursday.
list, is also seeing a "strong appetite" in investing coupled with broad-based participation across investments, according to Noto.
The significant growth in new accounts and activity accelerated in the beginning of the pandemic and has remained relatively strong since, the CEO noted, saying that increased participation in markets is being driven by individual interest in long-term financial health. "I think we're seeing a generation of people that realize the importance of investing, and as an industry, we've given access to investing to more people. And so you see more 20 to 30 year olds participating in the markets, and I think that will continue," Noto said.