San Fransico-based Sofi Bank revealed it holds $170 million in crypto on its balance sheet in the Q2 earning report. The United States bank that serves over 6 million customers has seen a significant increase in its crypto holdings compared to the last quarter.
The bank holds Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Cardano (ADA), Solana (SOL), Dogecoin (DOGE) and Ethereum Classic (ETC). Out of the total $170 million investment, the bank holds $82 million worth of BTC followed by $55 million worth of ETH, DOGE took the third spot with $5 million and ADA is fourth with $4.5 million. An investor presentation also…