SoFi Dips 3% Despite Reported Kraken Crypto Settlement Tie-Up; Affirm Drops 5%, Robinhood Holds Steady

SoFi Technologies shares fell 3% to $17.50 in Wednesday afternoon trading despite market chatter that the digital banking platform may partner with private crypto exchange Kraken for settlement services. The reported arrangement remains unconfirmed, and the stock decline indicates investors did not view the rumor as an immediate positive catalyst.