Securitize posts 13% revenue rise, buys River One, and approves $50 million buyback
Tokenization firm Securitize agreed to acquire institutional lending platform River One and approved a $50 million share buyback alongside its third-quarter earnings report, sending its stock higher in after-hours trading.
Tokenization platform Securitize announced an agreement to acquire River One, marking the company's first acquisition since going public on the New York Stock Exchange in July. River One is a New York-based institutional financing platform backed by Framework Ventures and Maple Finance that connects stablecoin capital to asset-backed lending and warehouse financing. The financial terms of the deal were not disclosed, and the transaction is expected to close in the fourth quarter of 2026.[1][3][4][6][8][9][10]
Securitize framed the transaction as an entry into the $6 trillion asset-backed finance market. Alongside the deal, Securitize revealed that its board of directors authorized a $50 million share repurchase program on Nov. 6, open through Dec. 31, 2027.[1][5][7][8]
For the third quarter, Securitize reported total revenue of $18.6 million, up 13% from a year earlier. Tokenization fees climbed 28% year over year to $11.5 million, while asset servicing brought in $7.2 million. The company posted a net loss of $66.3 million, with roughly $60 million stemming from non-cash expenses and accounting charges related to its listing, including a $23.2 million earnout liability charge. Chief Financial Officer Francisco Flores stated that Securitize maintains full-year 2026 revenue guidance between $70 million and $80 million.[8][10]
Following the earnings release and acquisition announcement, shares of Securitize (SECZ) rallied in after-hours trading on Nov. 9. After finishing regular trading at $6.97, the stock reached as high as $8.17 and last traded at $7.88, up 13.1% from the market close.[2][7][8][11]
Key facts
- Securitize agreed to acquire River One, an institutional financing platform backed by Framework Ventures and Maple Finance, for undisclosed terms.
- The River One transaction is Securitize's first acquisition since going public in July and is expected to close in the fourth quarter of 2026.
- Securitize's board approved a $50 million share repurchase program running through Dec. 31, 2027.
- Securitize posted Q3 total revenue of $18.6 million, up 13% year over year, with tokenization fees rising 28% to $11.5 million.
- The company reported a third-quarter net loss of $66.3 million, including about $60 million in non-cash accounting charges associated with its public listing.
- Securitize stock rose 13.1% in after-hours trading on Nov. 9 to $7.88 after closing at $6.97.
Sources · 11 sources
- CO
Cointelegraph@CointelegraphPost on X ·
🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 President Trump says the FBI is “looking into” Nvidia CEO Jensen Huang after he admitted to an affair with a woman the US believes is a Chinese spy, per FT. 🔹 Securitize acquires River One, its first buy as a public company, to expand into the $6 trillion asset-backed finance market. 🔸 Nvidia was hit with a shareholder lawsuit after its stock fell over 4% on reports CEO Jensen Huang had an affair with an alleged Chinese spy, per Politico. 🔹 TRUMP: “Iran, militarily, is effectively over. We're just keeping it the status quo and we’re doing that at the behest of countries that are their neighbours.” 🔸 Anthropic is reportedly planning to begin trading next week, according to WSJ. 🔹 Proposed US-Iran deal would unfreeze $6B–$9B in Iranian assets and reopen the Strait of Hormuz. 🔸 Sen. Elizabeth Warren is set to take over the Senate Banking Committee in January, with plans to tighten AI chip export controls to China and regulate prediction markets. 🔹 France confirms the European Union will impose sanctions on Iran. 🔸 NYSE will use Avalanche to settle tokenized stock trades exclusively on its planned 24/7 trading platform, per WSJ. 🔹 Coinbase has secured a full national trust bank charter from the U.S. Office of the Comptroller of the Currency.
Open source - LS
Laura Shin@laurashinPost on X ·
Securitize (SECZ) ended after-hours trading at $7.88 on Nov. 9, 13.1% above its $6.97 close, after the company posted a $66.3 million third-quarter loss, struck a deal for River One and cleared up to $50 million in share repurchases. https://t.co/gHwKcSpVwc
Open source - CT
Coin TelegraphArticle ·
Securitize agrees to buy River One to expand into asset-backed lending Securitize agreed to buy River One to bring stablecoin funding to asset-backed lending and expects the deal to close in the fourth quarter of 2026.
Open source - SI
Solid Intel 📡@solidintel_xPost on X ·
INTEL: Securitize $SECZ acquires River One in its first deal since going public | Per CNBC
Open source - TW
The Wolf Of All Streets@scottmelkerPost on X ·
SECURITIZE $SECZ AGREES TO ACQUIRE RIVER ONE, A PLATFORM CONNECTING STABLECOIN CAPITAL WITH TRADITIONAL LENDING MARKETS SECURITIZE'S BOARD ALSO AUTHORIZES A $50M SHARE BUYBACK https://t.co/aUYIIGMDRk
Open source - CN
crypto.news@cryptodotnewsPost on X ·
NEW: Securitize agrees to acquire institutional lending platform River One The deal will add asset-backed lending and warehouse financing to Securitize's tokenization platform, with completion expected by year-end. https://t.co/zpM6jGq8IY
Open source - CO
CoindeskArticle ·
Securitize pushes into $6 trillion asset-backed finance market with River One acquisition The tokenization firm unveiled an acquisition and a $50 million stock buyback as quarterly revenue rose 13%. SECZ shares jumped 10% after hours.
Open source - UN
UnchainedArticle ·
Securitize Grows Revenue 13% in First Public Quarter, Agrees to Buy River One Securitize (NYSE: SECZ), the tokenization firm that went public on the New York Stock Exchange in July, reported a $66.3 million net loss for the third quarter, its first reporting period as a listed company. Revenue rose 13% from a year earlier to $18.6 million . The company said about $60 million of the loss came from largely non-cash expenses and accounting charges, primarily tied to its business combination and public listing. Chief Financial Officer Francisco Flores said on the company’s Nov. 9 earnings call that the earnout liabilities produced a $23.2 million charge after SECZ climbed from $11.78 at the listing deal’s close to $14.59 on Sept. 30. Earnout shares were granted in the business combination, and the liability moves with the share price. “If our share price at the year end were at today’s level, we would expect to record a meaningful non-cash gain in the fourth quarter,” Flores said. The board authorized a $50 million share buyback on Nov. 6, open through Dec. 31, 2027. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was a $2.0 million loss . Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter . River One Deal Securitize said it agreed to buy River One , a platform that offers financing to institutions against pools of assets. Framework Ventures and Maple Finance backed it. Securitize expects to complete the purchase by year-end. Flores said Securitize is not disclosing financial terms for River One and does not expect the deal to materially affect fourth-quarter results. He added that the company still expects total revenue of $70 million to $80 million for 2026. Shares in After-Hours Trading SECZ closed at $6.97 on Nov. 9. Securitize released the results after the 4 p.m. ET close. In after-hours trading the stock touched a high of $8.17, and its last print before 8 p.m. ET was $7.88 , 13.1% above the close, a move Unchained calculated from Yahoo Finance price data . Related Listen: The Chopping Block: The Midterm Mega Tsunami, a16z Goes Frontier, the CFTC Clears Equity Perps, and the Fight Over Abliterated AI Models The post Securitize Grows Revenue 13% in First Public Quarter, Agrees to Buy River One appeared first on Unchained .
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Securitize has agreed to acquire River One, an institutional asset-backed financing platform that connects stablecoin capital with traditional lending markets. Financial terms were not disclosed. The acquisition will add asset-backed lending and warehouse financing capabilities to Securitize's tokenization platform. The deal is expected to close by the end of this year.
Open source - JM
Jacquelyn Melinek@jacqmelinekPost on X ·
.@Securitize reported Q3 earnings today with total revenue of $18.6M, up 13% from a year ago and 29% from last quarter Additionally: - Tokenization fees, the main part of the business, rose 28% to $11.5M - Asset servicing came in at $7.2M, down 6% - Average tokenized assets hit a record $5.0B, up 39% They also agreed to acquire River One, a New York firm that provides warehouse financing, which is short-term funding lenders use to originate loans. The deal is expected to close in the fourth quarter, and terms weren't disclosed.
Open source - TB
The BlockArticle ·
Securitize shares surge 12% in after-hours trading on Q3 results and River One acquisition agreement The acquisition is expected to add a new layer of financing to Securitize, enabling the platform to offer asset-backed lending.
Open source