Central banks are talking tougher on inflation, and higher interest rates can keep pressure on traditional risk assets. At the same time, investor interest in digital assets and the technology behind them has not disappeared. That mix of tighter money and ongoing curiosity about crypto creates a very specific opportunity. This article walks through three stocks linked to cryptocurrencies and blockchain that many investors are watching closely right now.
The stocks covered below are just a starting sample, and the full screen surfaced 16 more companies in the crypto and blockchain space with equally compelling narratives that are not covered here. If you want to identify the ideas that best fit your own thesis, head straight into the Top Cryptocurrency and Blockchain Stocks screener .
SoFi Technologies (SOFI)
Overview:SoFi Technologies is a US based digital finance platform that lets members borrow, save, spend, invest, and protect their money through products like loans, SoFi Money accounts, SoFi Invest, and SoFi Credit Card, while also licensing its Galileo and Technisys banking software to other financial firms. Its clearest crypto and blockchain link is SoFi Crypto and the SoFiUSD stablecoin, which sit inside the broader SoFi Invest ecosystem.
Operations:SoFi generates most of its revenue from Lending at about US$2.4b, with meaningful contributions from Financial Services at about US$1.7b and the Technology Platform at about US$400 million, while Corporate and other activities reduce the total.
Market Cap:US$23.3b
Investors looking at crypto and blockchain exposure through listed stocks may want to pay attention to SoFi Technologies because it combines a full service consumer finance app with direct digital asset products. SoFi Crypto and the SoFiUSD stablecoin link members and institutional clients to blockchain based trading and payments, while the Galileo and Technisys platforms give it a role behind the scenes powering other financial firms. Recent earnings beats and raised revenue guidance indicate that the broader ecosystem is gaining traction. However, a higher P/E and reliance on non cash earnings may leave little room for disappointment if crypto activity slows. That mix of structural crypto rails and execution risk makes SoFi a stock some investors may choose to monitor closely.
SoFi Technologies combines lending, banking software and direct crypto access in a way many investors still treat as a side story. Get the full picture with the 2 key rewards and 1 important major warning sign
Oracle (ORCL)
Overview:Oracle is a global enterprise software and cloud computing company that helps businesses run core functions like finance, HR, supply chain and data management. Its strongest crypto and blockchain link comes from the Oracle Blockchain Platform and related blockchain cloud services that sit inside Oracle Cloud Infrastructure. These tools let enterprises build permissioned blockchain networks and smart contract applications that connect directly to their existing Oracle databases and SaaS systems.
Operations:Oracle generates the vast majority of its revenue from Cloud and software at about US$58.5b, with smaller contributions from Services at about US$5.7b and Hardware at about US$3.1b.
Market Cap:US$434.5b
Investors interested in crypto and blockchain may look at Oracle because it brings blockchain tools into the same cloud stack that already runs mission critical databases and ERP systems. Oracle Blockchain Platform is part of this wider push, but the focus also includes how it can operate alongside large AI and cloud infrastructure commitments, a sizable contract backlog and relationships with major enterprise and government clients. High debt levels, near term cash flow pressure from data center spending and questions around governance and execution present risks to consider. The combination of theme exposure, large scale cloud and blockchain ambitions and balance sheet trade offs can make Oracle a candidate for closer research.
Oracle's cloud and blockchain push is accelerating, yet its heavy data center spending and debt profile may be masking the real story. Get the full 4 key rewards and 3 important warning signs (1 is major!)
Applied Digital (APLD)
Overview:Applied Digital designs, builds, and runs data centers that supply power, cooling, and racks to large cryptocurrency miners, while also providing high performance computing and AI hosting to enterprise customers across North America.
Operations:Applied Digital generates most of its revenue from the HPC Hosting segment at about US$385 million, with the Data Center Hosting segment contributing about US$154 million.
Market Cap:US$7.4b
Applied Digital may appeal to investors seeking listed exposure to the infrastructure behind crypto mining rather than the tokens themselves. Its purpose built facilities support large mining clients and increasingly AI and HPC customers. Long term hyperscaler leases point to contracted revenue and potential margin improvement if projects proceed as planned. At the same time, the company is still loss making, carries a growing debt load and has less than a year of cash runway, so execution on data center utilization and funding is critical. Recent insider selling and a relatively high P/S multiple add another layer of risk. For investors comfortable with volatility, that combination of crypto linked hosting exposure and financial pressure can make Applied Digital worth a closer look.
Applied Digital's crypto and AI hosting story is accelerating, yet the balance between loss making operations, rising debt and insider selling still feels underappreciated. Get the full picture with the 1 key reward and 3 important warning signs (1 is major!)
Seeking Alternatives Before The Crowd Moves
Fresh breakout stories do not stay quiet for long. Momentum shifts fast and under the radar ideas get caught once the crowd arrives. Scan the lists below and consider acting before attention broadens.
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Spot resilient compounding setups by running through a curated 74 resilient stocks with low risk scores , which aims to keep drawdowns in check while upside stories are still developing.
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Explore early momentum in companies supplying the AI buildout using the focused 55 AI infrastructure stocks while these picks are still under the radar for now.
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Review reliable income ideas with the hand picked 12 dividend fortresses before yields start dropping and prices move away from attractive entry ranges.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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