Securitize Q3 Revenue Rises 13% to $18.6M as Tokenized Assets Hit $5B
Securitize's Q3 revenue rose 13% to $18.6 million as average tokenized assets reached a record $5 billion; the company agreed to buy River One and authorized a $50 million buyback.
Securitize (SECZ) reported third-quarter 2026 revenue of $18.6 million, up 13% from a year earlier, as average tokenized assets reached a record $5 billion.
The result was the company's second-highest quarterly revenue total. Total tokenized assets on platform were $4.8 billion as of Sept. 30, up 9% year over year, and aggregate transaction volume rose 20% to $4.3 billion. Securitize Fund Services serviced 669 active funds with $25.2 billion in assets under administration, down 29%.
The company posted a net loss of $66.3 million, or $0.41 per diluted share, including about $60 million of largely non-cash charges tied to its July NYSE listing through a business combination with Cantor Equity Partners II. Adjusted EBITDA was a loss of $2.0 million versus a profit of $3.6 million a year earlier. CFO Francisco Flores said total revenue rose 29% from the prior quarter and that adjusted EBITDA improved 64% from the prior quarter.
CEO Carlos Domingo said the quarter showed institutions are past experimenting with tokenization, citing new products from ARK Invest, BlackRock and Neuberger. BlackRock broadened its tokenized cash offerings with BRSRV, ARK Invest tokenized its ARK Venture Fund, and Neuberger launched a tokenized high-income fund.
The company agreed to acquire River One, an institutional asset-backed financing platform backed by Framework Ventures and Maple Finance, with the deal expected to close in the fourth quarter of 2026. Its board also authorized a $50 million share repurchase program on Nov. 6, funded from cash, running through Dec. 31, 2027. Securitize ended the quarter with about $300 million in cash and no debt.
On Oct. 8, Securitize launched Securitize Stocks, letting eligible investors trade tokenized interests in U.S. equities including Apple, Microsoft, Nvidia, Tesla and Amazon. Shares of SECZ rose 22.4% in delayed trading.