SoFi Technologies Inc. has broadened its investment portfolio by offering access to private market funds from Cashmere, Fundrise, and Liberty Street Advisors. This move allows retail investors to gain exposure to private companies in sectors such as AI, machine learning, and space technology, with investment minimums starting at just $10. The expansion aims to democratize access to alternative investments, enabling SoFi's 10.9 million members to diversify their portfolios with options like private equity and real estate. Additionally, SoFi has enhanced its offerings with a range of funds managed by ARK, KKR, and others, as well as a revamped robo-advisor service in partnership with BlackRock.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.