According to Securitize's Q3 results announcement on November 9, the tokenization platform agreed to acquire New York-based River One, adding stablecoin-funded warehouse financing capabilities. River One's technology connects stablecoin capital with lenders holding income-producing assets such as small-business loans and receivables. The acquisition is expected to close in Q4 2026 subject to customary closing conditions; financial terms were not disclosed.
Securitize reported Q3 revenue of $18.6 million, up 13% year over year, with average tokenized assets on the platform rising 39% to a record $5 billion. The company posted a net loss of $66.3 million, approximately $60 million of which consisted of noncash expenses related to its July NYSE listing. Adjusted EBITDA was a $2 million loss compared to positive $3.6 million adjusted EBITDA a year earlier.